Strategic Financial Concepts LLC Reduces Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Strategic Financial Concepts LLC decreased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 71.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,227 shares of the company’s stock after selling 46,585 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 1.7% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 20th biggest position. Strategic Financial Concepts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,820,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after acquiring an additional 4,942,715 shares during the last quarter. Constellation Investments Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% during the 4th quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after acquiring an additional 2,914,000 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% during the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after acquiring an additional 2,423,410 shares during the last quarter. United Services Automobile Association lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.1% during the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after acquiring an additional 2,069,200 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after acquiring an additional 1,911,414 shares during 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 Performance

Shares of AGG stock opened at $98.44 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.08 and a 52-week high of $101.46. The firm has a market capitalization of $134.50 billion, a P/E ratio of 124.57 and a beta of 0.26. The stock has a 50 day moving average price of $99.09 and a 200 day moving average price of $99.84.

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.