Capital Analysts LLC Cuts Position in iShares Core U.S. Aggregate Bond ETF $AGG

Capital Analysts LLC cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 87.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,065 shares of the company’s stock after selling 62,945 shares during the period. Capital Analysts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $898,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. NorthRock Partners LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% during the 2nd quarter. NorthRock Partners LLC now owns 320,830 shares of the company’s stock valued at $31,756,000 after purchasing an additional 10,899 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 19.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 251,168 shares of the company’s stock worth $24,861,000 after buying an additional 40,126 shares during the last quarter. NewEdge Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 5.5% during the second quarter. NewEdge Advisors LLC now owns 901,815 shares of the company’s stock valued at $89,262,000 after buying an additional 46,837 shares during the period. Pointe Capital Management LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 11.4% during the second quarter. Pointe Capital Management LLC now owns 28,985 shares of the company’s stock valued at $2,869,000 after buying an additional 2,968 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 45.0% during the second quarter. Baird Financial Group Inc. now owns 562,955 shares of the company’s stock worth $55,721,000 after buying an additional 174,694 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 Performance

Shares of AGG stock opened at $96.05 on Friday. The firm has a market cap of $135.54 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.04 and a 52 week high of $101.46. The firm’s 50-day simple moving average is $97.57 and its two-hundred day simple moving average is $98.63.

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.