Cahaba Wealth Management Inc. Cuts Position in iShares Core U.S. Aggregate Bond ETF $AGG

Cahaba Wealth Management Inc. reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 98.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,714 shares of the company’s stock after selling 1,526,643 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,676,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. VAUGHAN & Co SECURITIES INC. raised its position in iShares Core U.S. Aggregate Bond ETF by 1.6% in the second quarter. VAUGHAN & Co SECURITIES INC. now owns 6,539 shares of the company’s stock valued at $649,000 after purchasing an additional 104 shares during the period. Fiera Capital Corp grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.1% in the second quarter. Fiera Capital Corp now owns 9,815 shares of the company’s stock valued at $974,000 after buying an additional 105 shares in the last quarter. Vestia Personal Wealth Advisors grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.2% in the second quarter. Vestia Personal Wealth Advisors now owns 2,167 shares of the company’s stock valued at $215,000 after buying an additional 107 shares in the last quarter. Pathway Financial Advisors LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.8% during the 3rd quarter. Pathway Financial Advisors LLC now owns 14,255 shares of the company’s stock valued at $1,429,000 after buying an additional 109 shares during the period. Finally, Friedenthal Financial lifted its position in iShares Core U.S. Aggregate Bond ETF by 8.0% during the 3rd quarter. Friedenthal Financial now owns 1,651 shares of the company’s stock worth $166,000 after acquiring an additional 122 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 Up 0.0%

Shares of NYSEARCA:AGG opened at $100.04 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $101.35. The company has a 50 day moving average of $100.35 and a two-hundred day moving average of $99.64. The company has a market capitalization of $134.62 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.