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

Archvest Wealth Advisors Inc. cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 56.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,673 shares of the company’s stock after selling 23,245 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.5% of Archvest Wealth Advisors Inc.’s investment portfolio, making the stock its 15th largest holding. Archvest Wealth Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,753,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after purchasing an additional 9,678,339 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.4% in the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock worth $8,041,669,000 after purchasing an additional 3,421,606 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after buying an additional 5,728,914 shares in the last quarter. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 29.1% in the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after buying an additional 9,922,958 shares in the last quarter. Finally, Betterment LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 10.0% during the 1st quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after buying an additional 1,983,074 shares during the period. 83.63% of the stock is owned by institutional investors.

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

AGG stock opened at $100.20 on Friday. The firm’s 50-day moving average is $100.44 and its two-hundred day moving average is $99.15. The company has a market capitalization of $134.84 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35.

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.