Milestone Asset Management LLC Decreases Position in iShares Core U.S. Aggregate Bond ETF $AGG

Milestone Asset Management LLC decreased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 53.7% during the 3rd quarter, Holdings Channel reports. The firm owned 6,494 shares of the company’s stock after selling 7,526 shares during the quarter. Milestone Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $651,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AGG. Cultivar Capital Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 3.3% during the 3rd quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock worth $23,971,000 after purchasing an additional 7,750 shares in the last quarter. Ellenbecker Investment Group increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% in the third quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock worth $65,046,000 after acquiring an additional 50,564 shares in the last quarter. Ally Invest Advisors Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the 2nd quarter. Ally Invest Advisors Inc. now owns 163,385 shares of the company’s stock valued at $16,208,000 after acquiring an additional 8,493 shares during the period. Caldwell Trust Co acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $10,566,000. Finally, Aspect Partners LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% during the 2nd quarter. Aspect Partners LLC now owns 43,231 shares of the company’s stock valued at $4,289,000 after acquiring an additional 3,405 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of NYSEARCA AGG opened at $100.02 on Thursday. The stock has a fifty day moving average price of $100.39 and a 200 day moving average price of $99.60. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35. The company has a market cap of $134.60 billion, a P/E 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.