Oppenheimer & Co. Inc. Sells 51,385 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Oppenheimer & Co. Inc. lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 46.3% during the 4th quarter, HoldingsChannel reports. The firm owned 59,488 shares of the company’s stock after selling 51,385 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,942,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Valley National Advisers Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $29,000. North Ridge Wealth Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth $29,000. Collier Financial purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $31,000. Finally, JCIC Asset Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $32,000. Institutional investors own 83.63% of the company’s stock.

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

NYSEARCA AGG opened at $98.90 on Friday. The company has a fifty day moving average of $99.68 and a two-hundred day moving average of $100.08. The firm has a market capitalization of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.66 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.