Beam Wealth Advisors Inc. Sells 6,445 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Beam Wealth Advisors Inc. cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 20.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,009 shares of the company’s stock after selling 6,445 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,364,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Empower Annuity Insurance Co purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $267,968,630,000. Bank of America Corp DE increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after acquiring an additional 15,923,080 shares during the last quarter. WealthNavi Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after acquiring an additional 653,006 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after acquiring an additional 451,566 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after acquiring an additional 1,898,484 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $96.55 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The company’s 50 day simple moving average is $95.71 and its 200 day simple moving average is $98.16. The stock has a market capitalization of $139.35 billion, a PE ratio of 124.57 and a beta of 0.26.

iShares Core U.S. Aggregate Bond ETF Company 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.