Sequoia Financial Advisors LLC Reduces Position in iShares Core U.S. Aggregate Bond ETF $AGG

Sequoia Financial Advisors LLC decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,528 shares of the company’s stock after selling 15,864 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,141,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AGG. Brighton Jones LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $111,000. Ieq Capital LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the second quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock valued at $4,700,000 after purchasing an additional 4,269 shares during the period. Finally, Quantinno Capital Management LP increased its position in iShares Core U.S. Aggregate Bond ETF by 7.6% during the second quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after purchasing an additional 943 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

iShares Core U.S. Aggregate Bond ETF stock traded down $0.10 during midday trading on Friday, hitting $98.08. 7,745,404 shares of the stock were exchanged, compared to its average volume of 9,452,830. The stock’s 50-day simple moving average is $98.65 and its 200 day simple moving average is $99.47. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The stock has a market capitalization of $138.28 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.