iShares Core U.S. Aggregate Bond ETF $AGG Stock: IFG Advisory LLC Reduces Stake

IFG Advisory LLC lessened its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.4% during the 3rd quarter, Holdings Channel reports. The fund owned 66,338 shares of the company’s stock after selling 5,302 shares during the period. IFG Advisory LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AGG. Bellwether Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.7% during the third quarter. Bellwether Advisors LLC now owns 18,167 shares of the company’s stock worth $1,718,000 after acquiring an additional 133 shares during the last quarter. Traub Capital Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 19.3% in the 3rd quarter. Traub Capital Management LLC now owns 3,770 shares of the company’s stock valued at $356,000 after purchasing an additional 610 shares during the last quarter. AlTi Global Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 0.6% in the 3rd quarter. AlTi Global Inc. now owns 56,239 shares of the company’s stock worth $5,317,000 after purchasing an additional 340 shares in the last quarter. Dogwood Wealth Management LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 64.6% in the 3rd quarter. Dogwood Wealth Management LLC now owns 3,828 shares of the company’s stock worth $362,000 after purchasing an additional 1,503 shares in the last quarter. Finally, McLean Asset Management Corp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.7% in the 3rd quarter. McLean Asset Management Corp now owns 396,385 shares of the company’s stock worth $38,299,000 after purchasing an additional 24,866 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of AGG traded down $0.13 during trading hours on Friday, reaching $95.09. 11,145,366 shares of the company traded hands, compared to its average volume of 9,755,479. The business has a fifty day moving average price of $95.57 and a 200-day moving average price of $98.05. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46. The stock has a market capitalization of $137.05 billion, a P/E ratio of 124.57 and a beta of 0.26.

iShares Core U.S. Aggregate Bond ETF Company 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.