iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 20.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 33,451 shares of the company’s stock after selling 8,633 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 1.2% of Flagstar Advisors Inc.’s portfolio, making the stock its 23rd largest holding. Flagstar Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,321,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AGG. Raymond James Financial Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the last quarter. US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock valued at $3,621,605,000 after purchasing an additional 3,032,433 shares during the period. Finally, Morgan Stanley grew its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after buying an additional 1,245,217 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $99.37 on Tuesday. The firm has a market capitalization of $135.77 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year high of $101.46. The business’s fifty day moving average price is $98.85 and its two-hundred day moving average price is $99.57.

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.