iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,915,526 shares of the company’s stock after selling 512,628 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $983,620,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Briaud Financial Planning Inc purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $25,000. Angeles Investment Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $26,000. AlphaCore Capital LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter worth approximately $40,000. Atlas Capital Advisors Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after purchasing an additional 200 shares during the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $56,000. 83.63% of the stock is owned by institutional investors and hedge funds.

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

AGG stock opened at $100.44 on Friday. The company has a market cap of $135.16 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The business has a fifty day simple moving average of $100.44 and a 200-day simple moving average of $99.17. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35.

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.