Principal Financial Group Inc. Cuts Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Principal Financial Group Inc. decreased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 64.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 200,698 shares of the company’s stock after selling 366,343 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,923,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kampmann Melissa S. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% during the fourth quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock worth $1,051,000 after buying an additional 100 shares in the last quarter. Verus Wealth Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the first quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after buying an additional 106 shares during the period. Childress Capital Advisors LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock valued at $1,057,000 after acquiring an additional 107 shares in the last quarter. Stephens Consulting LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 9.4% in the fourth quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock valued at $129,000 after acquiring an additional 111 shares in the last quarter. Finally, Hoge Financial Services LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock worth $851,000 after acquiring an additional 111 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 Stock Down 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.74 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46. The company has a market capitalization of $137.98 billion, a P/E ratio of 124.57 and a beta of 0.25. The company has a 50 day moving average of $98.51 and a 200 day moving average of $99.37.

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.