iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Summit Wealth Partners LLC

Summit Wealth Partners LLC lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 176,054 shares of the company’s stock after selling 18,651 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.8% of Summit Wealth Partners LLC’s holdings, making the stock its 6th largest holding. Summit Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $17,477,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Valley National Advisers Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Cresta Advisors Ltd. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. Blueline Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. First Command Advisory Services Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.63 on Tuesday. 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 company has a 50 day moving average price of $98.88 and a 200 day moving average price of $99.60. The stock has a market capitalization of $134.76 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.