WealthSpring Partners LLC Sells 12,615 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

WealthSpring Partners LLC reduced its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 18.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 56,104 shares of the company’s stock after selling 12,615 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 5.9% of WealthSpring Partners LLC’s portfolio, making the stock its 4th largest position. WealthSpring Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. Iowa State Bank acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $1,636,000. Montecito Bank & Trust bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $14,385,000. Stone Wealth Partners bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $5,065,000. Prentice Wealth Management LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 7.7% during the 1st quarter. Prentice Wealth Management LLC now owns 651,758 shares of the company’s stock worth $64,700,000 after acquiring an additional 46,515 shares during the period. Finally, Parallel Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 24.1% during the 1st quarter. Parallel Advisors LLC now owns 324,740 shares of the company’s stock worth $32,237,000 after acquiring an additional 63,067 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock traded up $0.11 during trading hours on Wednesday, reaching $94.82. The company had a trading volume of 18,631,725 shares, compared to its average volume of 9,565,816. The company has a 50 day moving average of $96.24 and a 200 day moving average of $97.81. The firm has a market cap of $137.47 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46.

iShares Core U.S. Aggregate Bond ETF Company 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.