Ameriprise Financial Inc. Reduces Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Ameriprise Financial Inc. cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,563,031 shares of the company’s stock after selling 284,629 shares during the quarter. Ameriprise Financial Inc. owned 1.12% of iShares Core U.S. Aggregate Bond ETF worth $1,443,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AGG. Brighton Jones LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after buying an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after purchasing an additional 3,044 shares in the last quarter. Kovitz Investment Group Partners LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.6% in the first quarter. Kovitz Investment Group Partners LLC now owns 112,118 shares of the company’s stock valued at $11,091,000 after purchasing an additional 1,736 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 20.1% in the first quarter. EverSource Wealth Advisors LLC now owns 11,636 shares of the company’s stock valued at $1,151,000 after purchasing an additional 1,946 shares during the period. Finally, Global Endowment Management LP increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 341.7% during the first quarter. Global Endowment Management LP now owns 86,579 shares of the company’s stock worth $8,564,000 after purchasing an additional 66,979 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

AGG opened at $99.81 on Friday. The company has a 50-day moving average price of $100.44 and a 200 day moving average price of $99.46. The company has a market cap of $134.31 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month 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.