iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Addison Advisors LLC

Addison Advisors LLC trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 91.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,399 shares of the company’s stock after selling 101,558 shares during the quarter. Addison Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $942,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AGG. Envestnet Asset Management Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after acquiring an additional 5,728,914 shares during the period. Bank of America Corp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock worth $4,355,153,000 after purchasing an additional 1,915,497 shares in the last quarter. Betterment LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during 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 period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock valued at $1,813,740,000 after purchasing an additional 1,607,890 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock valued at $1,186,777,000 after purchasing an additional 417,611 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.99 on Monday. The company’s fifty day moving average price is $100.06 and its 200 day moving average price is $100.08. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.35. The company has a market capitalization of $139.57 billion, a PE 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.