iShares Core U.S. Aggregate Bond ETF $AGG Position Reduced by Founders Financial Securities LLC

Founders Financial Securities LLC trimmed its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 227,513 shares of the company’s stock after selling 40,086 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.6% of Founders Financial Securities LLC’s portfolio, making the stock its 13th largest holding. Founders Financial Securities LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. Jones Financial Companies Lllp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 7.5% during the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after buying an additional 9,678,339 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings 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 acquiring an additional 5,728,914 shares during the last quarter. US Bancorp DE lifted its holdings 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 acquiring an additional 9,922,958 shares during the last quarter. Bank of America Corp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after purchasing an additional 1,915,497 shares in the last quarter. Finally, Betterment LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% in the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after purchasing an additional 1,191,388 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $99.80 on Wednesday. The company’s 50 day simple moving average is $100.40 and its 200 day simple moving average is $99.60. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35. The company has a market capitalization of $134.30 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.