Citigroup Inc. Lowers Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Citigroup Inc. trimmed its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,534,306 shares of the company’s stock after selling 15,158 shares during the period. Citigroup Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $354,314,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in AGG. Envestnet Asset Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after buying an additional 5,728,914 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after acquiring an additional 1,915,497 shares during the last quarter. Betterment LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the second quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after purchasing an additional 1,191,388 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after purchasing an additional 1,607,890 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock worth $1,186,777,000 after purchasing an additional 417,611 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 Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.90 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.35. The firm has a market cap of $139.44 billion, a PE ratio of 124.57 and a beta of 0.25. The company has a 50 day simple moving average of $100.16 and a two-hundred day simple moving average of $100.13.

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.