United Capital Financial Advisors LLC Cuts Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

United Capital Financial Advisors LLC lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 726,908 shares of the company’s stock after selling 34,294 shares during the quarter. United Capital Financial Advisors LLC owned 0.06% of iShares Core U.S. Aggregate Bond ETF worth $70,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Bradley & Co. Private Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Kozak & Associates Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $43,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %

NYSEARCA AGG opened at $97.61 on Tuesday. The firm has a market capitalization of $123.96 billion, a PE ratio of 126.17 and a beta of 0.24. The stock’s 50 day moving average is $98.23 and its 200 day moving average is $98.12. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04.

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.