Adaptive Financial Consulting LLC Trims Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Adaptive Financial Consulting LLC lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 522,645 shares of the company’s stock after selling 5,814 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 21.6% of Adaptive Financial Consulting LLC’s investment portfolio, making the stock its largest holding. Adaptive Financial Consulting LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $51,846,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Citigroup Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.8% during the 2nd quarter. Citigroup Inc. now owns 3,549,464 shares of the company’s stock valued at $352,107,000 after buying an additional 97,364 shares during the last quarter. Sierra Capital LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 18.7% in the second quarter. Sierra Capital LLC now owns 18,094 shares of the company’s stock valued at $1,795,000 after acquiring an additional 2,851 shares during the period. Pinnacle Financial Group LLC IL boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.4% in the second quarter. Pinnacle Financial Group LLC IL now owns 67,322 shares of the company’s stock valued at $6,678,000 after acquiring an additional 1,602 shares during the period. Farrow Financial Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.8% during the second quarter. Farrow Financial Inc. now owns 4,165 shares of the company’s stock valued at $413,000 after purchasing an additional 300 shares during the last quarter. Finally, Midwest Professional Planners LTD. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.6% during the 2nd quarter. Midwest Professional Planners LTD. now owns 56,091 shares of the company’s stock worth $5,564,000 after purchasing an additional 1,433 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $100.00 on Monday. The firm has a market capitalization of $134.57 billion, a P/E ratio of 124.57 and a beta of 0.25. The business has a 50 day simple moving average of $100.47 and a 200 day simple moving average of $99.11. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35.

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.