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

Sequoia Financial Advisors LLC cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.4% in the first quarter, HoldingsChannel.com reports. The firm owned 152,528 shares of the company’s stock after selling 15,864 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,141,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AGG. NBC Securities Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 30.1% during the 4th quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock worth $5,932,000 after acquiring an additional 13,724 shares in the last quarter. Capital Asset Advisory Services LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 8.7% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,772,568 shares of the company’s stock valued at $177,292,000 after acquiring an additional 141,584 shares in the last quarter. Curated Wealth Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $3,913,000. CPR Investments Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 205.1% during the fourth quarter. CPR Investments Inc. now owns 53,934 shares of the company’s stock worth $5,387,000 after purchasing an additional 36,256 shares during the period. Finally, Clearstead Advisors LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 22.2% during the fourth quarter. Clearstead Advisors LLC now owns 217,140 shares of the company’s stock worth $21,688,000 after purchasing an additional 39,415 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG traded down $0.10 during mid-day trading on Friday, hitting $98.08. 7,745,404 shares of the company’s stock were exchanged, compared to its average volume of 9,452,830. The company has a market cap of $138.28 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The stock’s 50-day moving average is $98.65 and its 200-day moving average is $99.47.

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.