Charles Schwab Trust Co Sells 6,535 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Charles Schwab Trust Co cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 699,226 shares of the company’s stock after selling 6,535 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 3.9% of Charles Schwab Trust Co’s investment portfolio, making the stock its 8th largest holding. Charles Schwab Trust Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $69,209,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Prosperity Planning Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.8% in the 2nd quarter. Prosperity Planning Inc. now owns 32,446 shares of the company’s stock worth $3,212,000 after acquiring an additional 1,193 shares in the last quarter. Financial Designs Corp increased its holdings in iShares Core U.S. Aggregate Bond ETF by 5.6% during the 2nd quarter. Financial Designs Corp now owns 288,327 shares of the company’s stock valued at $28,539,000 after purchasing an additional 15,298 shares in the last quarter. Affiance Financial LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 1.9% in the 2nd quarter. Affiance Financial LLC now owns 990,470 shares of the company’s stock valued at $98,037,000 after purchasing an additional 18,366 shares during the last quarter. FC Advisory LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 1.5% in the 2nd quarter. FC Advisory LLC now owns 152,147 shares of the company’s stock valued at $15,060,000 after purchasing an additional 2,259 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 68.3% in the second quarter. Redhawk Wealth Advisors Inc. now owns 4,713 shares of the company’s stock worth $466,000 after purchasing an additional 1,912 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

Shares of NYSEARCA AGG opened at $97.24 on Tuesday. The firm’s 50-day simple moving average is $98.25 and its 200 day simple moving average is $99.12. The company has a market cap of $137.22 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.12 and a 12-month 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.