SVB Wealth LLC Sells 84,418 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

SVB Wealth LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 18.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 370,967 shares of the company’s stock after selling 84,418 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 2.2% of SVB Wealth LLC’s portfolio, making the stock its 9th biggest holding. SVB Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $37,052,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of AGG. Mercer Global Advisors Inc. ADV increased its position in iShares Core U.S. Aggregate Bond ETF by 17.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after buying an additional 4,942,715 shares during the last quarter. Constellation Investments Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 70.2% during the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after buying an additional 2,914,000 shares during the last quarter. Bank of America Corp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after buying an additional 2,423,410 shares during the last quarter. United Services Automobile Association increased its position in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after buying an additional 2,069,200 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after buying an additional 1,911,414 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $99.18 on Monday. The company has a market capitalization of $135.51 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.66 and a one year high of $101.46. The company’s fifty day moving average price is $99.55 and its two-hundred day moving average price is $100.04.

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.