Phillips Financial Management LLC Has $25.98 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Phillips Financial Management LLC cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 259,104 shares of the company’s stock after selling 13,484 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 1.7% of Phillips Financial Management LLC’s portfolio, making the stock its 18th largest position. Phillips Financial Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $25,975,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AGG. Brighton Jones LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after buying an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after purchasing an additional 9,678,339 shares during the last quarter. Private Client Services LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 68.3% during the 2nd quarter. Private Client Services LLC now owns 38,052 shares of the company’s stock valued at $3,775,000 after purchasing an additional 15,441 shares during the last quarter. Finally, Dentgroup LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $665,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.16 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35. The business has a 50 day moving average price of $100.15 and a 200-day moving average price of $99.77. The company has a market cap of $136.50 billion, a PE ratio of 124.57 and a beta of 0.25.

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.