iShares Core U.S. Aggregate Bond ETF $AGG is Passaic Partners LLC’s 10th Largest Position

Passaic Partners LLC lowered its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 44.3% in the second quarter, Holdings Channel.com reports. The firm owned 193,201 shares of the company’s stock after selling 153,532 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.4% of Passaic Partners LLC’s investment portfolio, making the stock its 10th largest position. Passaic Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,123,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Verus Wealth Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after acquiring an additional 106 shares during the period. Childress Capital Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock worth $1,057,000 after purchasing an additional 107 shares in the last quarter. Fortitude Advisory Group L.L.C. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the second quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock worth $848,000 after purchasing an additional 107 shares in the last quarter. Berkeley Capital Partners LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Berkeley Capital Partners LLC now owns 6,354 shares of the company’s stock worth $635,000 after purchasing an additional 115 shares during the period. Finally, Waystone Advisors LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% during the first quarter. Waystone Advisors LLC now owns 3,719 shares of the company’s stock worth $369,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.00 on Friday. The company has a market capitalization of $136.88 billion, a PE ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average price is $97.75 and its 200 day moving average price is $98.76. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.72 and a 52 week high of $101.46.

iShares Core U.S. Aggregate Bond ETF Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.