iShares Core U.S. Aggregate Bond ETF $AGG Stock Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 61.7% in the 3rd quarter, Holdings Channel reports. The firm owned 4,030 shares of the company’s stock after selling 6,485 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $381,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after buying an additional 15,923,080 shares in the last quarter. Mariner LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.5% during the fourth quarter. Mariner LLC now owns 12,060,633 shares of the company’s stock valued at $1,204,617,000 after purchasing an additional 1,244,206 shares during the period. WealthNavi Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% during the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock worth $1,142,930,000 after purchasing an additional 354,238 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after purchasing an additional 451,566 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after purchasing an additional 1,898,484 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG traded down $0.04 during trading hours on Friday, reaching $94.58. 3,871,724 shares of the stock traded hands, compared to its average volume of 9,488,839. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46. The company has a market cap of $136.48 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The firm’s fifty day simple moving average is $96.47 and its two-hundred day simple moving average is $97.92.

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.