Lowe Brockenbrough & Co. Inc. Sells 162,394 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Lowe Brockenbrough & Co. Inc. lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 30.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 378,887 shares of the company’s stock after selling 162,394 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.0% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 11th biggest position. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $37,983,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Angeles Investment Advisors LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $26,000. North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $29,000. JCIC Asset Management Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $32,000. Evolution Wealth Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $40,000. Finally, one8zero8 LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 4,000.0% during the third quarter. one8zero8 LLC now owns 410 shares of the company’s stock valued at $41,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.13 on Friday. The business has a fifty day moving average price of $100.03 and a two-hundred day moving average price of $100.00. The stock has a market capitalization of $138.38 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.35.

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.