Sagespring Wealth Partners LLC Sells 112,965 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Sagespring Wealth Partners LLC lowered its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,425,094 shares of the company’s stock after selling 112,965 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 20.4% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its biggest position. Sagespring Wealth Partners LLC owned about 1.82% of iShares Core U.S. Aggregate Bond ETF worth $2,448,616,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angeles Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth $29,000. JCIC Asset Management Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $32,000. Evolution Wealth Management Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $40,000. Finally, Transce3nd LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% during the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock worth $48,000 after purchasing an additional 222 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $100.11 on Friday. The business has a fifty day moving average price of $100.13 and a 200 day moving average price of $99.87. 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. The stock has a market capitalization of $137.01 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.