Focus Partners Advisor Solutions LLC Has $4.11 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Focus Partners Advisor Solutions LLC trimmed its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 51.5% during the fourth quarter, HoldingsChannel reports. The fund owned 41,136 shares of the company’s stock after selling 43,675 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,109,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AGG. Valley National Advisers Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. Cresta Advisors Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Blueline Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. First Command Advisory Services Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the period. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:AGG opened at $98.37 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.50 and a 12 month high of $101.46. The company’s fifty day simple moving average is $98.96 and its 200 day simple moving average is $99.71. The firm has a market cap of $134.40 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.