Northeast Financial Group Inc. Lowers Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Northeast Financial Group Inc. cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,628 shares of the company’s stock after selling 6,935 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 1.6% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 23rd largest position. Northeast Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,321,000 at the end of the most recent quarter.

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

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $97.46 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.27 and a 1-year high of $101.46. The stock’s fifty day moving average price is $98.45 and its 200 day moving average price is $99.32. The company has a market cap of $137.58 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.