Acorns Advisers LLC Sells 749,255 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Acorns Advisers LLC reduced its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 11,764,517 shares of the company’s stock after selling 749,255 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 10.0% of Acorns Advisers LLC’s holdings, making the stock its 3rd largest position. Acorns Advisers LLC owned about 0.91% of iShares Core U.S. Aggregate Bond ETF worth $1,167,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JT Stratford LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% in the second quarter. JT Stratford LLC now owns 440,414 shares of the company’s stock valued at $43,689,000 after buying an additional 22,723 shares during the last quarter. Elios Financial Group Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 46.9% during the 2nd quarter. Elios Financial Group Inc. now owns 7,838 shares of the company’s stock worth $778,000 after acquiring an additional 2,501 shares during the last quarter. Nicolet Bankshares Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $826,000. WCG Wealth Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $5,749,000. Finally, Beacon Pointe Advisors LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.9% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,000,054 shares of the company’s stock valued at $99,205,000 after purchasing an additional 73,386 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $100.19 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35. The stock has a market cap of $134.83 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company has a fifty day moving average price of $100.47 and a two-hundred day moving average price of $99.34.

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.