Factory Mutual Insurance Co. Cuts Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Factory Mutual Insurance Co. decreased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 57.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,253,600 shares of the company’s stock after selling 3,039,057 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 2.4% of Factory Mutual Insurance Co.’s holdings, making the stock its 9th largest holding. Factory Mutual Insurance Co. owned about 0.17% of iShares Core U.S. Aggregate Bond ETF worth $223,557,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Briaud Financial Planning Inc bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter worth $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000. AlphaCore Capital LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $40,000. Atlas Capital Advisors Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 66.7% during the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after acquiring an additional 200 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $56,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.16 on Tuesday. The company has a 50 day simple moving average of $100.41 and a two-hundred day simple moving average of $99.07. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.35. The company has a market capitalization of $134.79 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.