RFG Advisory LLC Cuts Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

RFG Advisory LLC cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,216 shares of the company’s stock after selling 22,030 shares during the quarter. RFG Advisory LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,267,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Verus Wealth Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after buying an additional 106 shares during the last quarter. Childress Capital Advisors LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock worth $1,057,000 after acquiring an additional 107 shares in the last quarter. Fortitude Advisory Group L.L.C. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.3% in the second quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock worth $848,000 after acquiring an additional 107 shares in the last quarter. Berkeley Capital Partners LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Berkeley Capital Partners LLC now owns 6,354 shares of the company’s stock worth $635,000 after acquiring an additional 115 shares during the last quarter. Finally, Waystone Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% during the first quarter. Waystone Advisors LLC now owns 3,719 shares of the company’s stock worth $369,000 after acquiring an additional 116 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

AGG opened at $96.68 on Thursday. The company has a market cap of $136.43 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s 50-day moving average price is $97.62 and its 200-day moving average price is $98.66. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.60 and a 52-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.