Galvin Gaustad & Stein LLC Lowers Position in iShares Core U.S. Aggregate Bond ETF $AGG

Galvin Gaustad & Stein LLC reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 245,113 shares of the company’s stock after selling 20,223 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 2.1% of Galvin Gaustad & Stein LLC’s investment portfolio, making the stock its 12th largest holding. Galvin Gaustad & Stein LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,315,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Briaud Financial Planning Inc purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $25,000. MTM Investment Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $37,000. AlphaCore Capital LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $40,000. Atlas Capital Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after purchasing an additional 200 shares during the period. Finally, Byrne Asset Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $53,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $100.02 on Friday. The company has a market capitalization of $132.21 billion, a PE ratio of 124.57 and a beta of 0.12. The business has a fifty day moving average price of $99.74 and a two-hundred day moving average price of $98.65. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.02.

About iShares Core U.S. Aggregate Bond ETF

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.