MassMutual Private Wealth & Trust FSB Lowers Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

MassMutual Private Wealth & Trust FSB reduced its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 37.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,672 shares of the company’s stock after selling 9,330 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,551,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AGG. Valley National Advisers Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. Blueline Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. First Command Advisory Services Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.4%

Shares of AGG opened at $97.66 on Wednesday. The company has a market capitalization of $137.81 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock has a 50 day moving average of $98.36 and a 200 day moving average of $99.19. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.12 and a 12 month high of $101.46.

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.