Gemmer Asset Management LLC Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Gemmer Asset Management LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,659 shares of the company’s stock after selling 2,608 shares during the period. Gemmer Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.5% in 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 purchasing an additional 9,678,339 shares during the period. Raymond James Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.4% in the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after purchasing an additional 3,421,606 shares during the period. Betterment LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 10.0% in the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after purchasing an additional 1,983,074 shares during the period. Goldman Sachs Group Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 13.9% in the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after purchasing an additional 2,567,446 shares during the period. Finally, Northern Trust Corp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 14.4% in the first quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock valued at $1,670,212,000 after purchasing an additional 2,120,169 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 Price Performance

Shares of NYSEARCA AGG opened at $100.18 on Friday. The company has a market capitalization of $132.01 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The business has a 50-day moving average of $99.62 and a two-hundred day moving average of $98.62. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.02.

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.