SCS Capital Management LLC Decreases Stake in iShares Core U.S. Aggregate Bond ETF $AGG

SCS Capital Management LLC cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 165,008 shares of the company’s stock after selling 7,778 shares during the quarter. SCS Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $16,369,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GeoWealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 57.3% during the second quarter. GeoWealth Management LLC now owns 23,961 shares of the company’s stock worth $2,377,000 after buying an additional 8,732 shares in the last quarter. Raab & Moskowitz Asset Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $242,000. EverSource Wealth Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 105.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,962 shares of the company’s stock valued at $2,377,000 after acquiring an additional 12,326 shares during the period. 1832 Asset Management L.P. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.2% during the 2nd quarter. 1832 Asset Management L.P. now owns 906,244 shares of the company’s stock worth $89,899,000 after acquiring an additional 36,579 shares in the last quarter. Finally, CW Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 83.4% in the 2nd quarter. CW Advisors LLC now owns 172,567 shares of the company’s stock worth $17,119,000 after acquiring an additional 78,480 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.14 on Friday. The business has a 50 day moving average price of $100.48 and a 200 day moving average price of $99.35. The company has a market capitalization of $134.76 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year 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.