Summit Global Investments Has $7.76 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Summit Global Investments lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 87.3% in the first quarter, HoldingsChannel reports. The fund owned 78,176 shares of the company’s stock after selling 535,220 shares during the period. Summit Global Investments’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,761,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares during the period. Northern Trust Corp grew its holdings in iShares Core U.S. Aggregate Bond ETF by 25.1% in the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after buying an additional 4,148,106 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock valued at $3,621,605,000 after buying an additional 3,032,433 shares in the last quarter. Finally, Constellation Investments Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% during the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after buying an additional 2,914,000 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $97.95 on Tuesday. The stock has a fifty day moving average of $98.53 and a 200-day moving average of $99.38. The company has a market capitalization of $138.28 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.