Advisory Services Network LLC Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Advisory Services Network LLC lessened its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 219,448 shares of the company’s stock after selling 14,370 shares during the quarter. Advisory Services Network LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $21,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Angeles Investment Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $26,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $29,000. Transce3nd LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% during the second quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares during the period. IMA Advisory Services Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $60,000. Finally, Semmax Financial Advisors Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,966.7% during the first quarter. Semmax Financial Advisors Inc. now owns 620 shares of the company’s stock worth $61,000 after buying an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

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

Shares of NYSEARCA:AGG opened at $99.81 on Friday. 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 fifty-two week low of $95.74 and a fifty-two week high of $101.35. The company’s 50-day moving average price is $100.44 and its 200 day moving average price is $99.47.

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.