MGO One Seven LLC Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

MGO One Seven LLC lessened its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 56.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 171,436 shares of the company’s stock after selling 224,230 shares during the period. MGO One Seven LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $17,123,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after buying an additional 4,942,715 shares during the last quarter. Constellation Investments Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 70.2% during the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock valued at $705,444,000 after acquiring an additional 2,914,000 shares during the last quarter. Bank of America Corp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after acquiring an additional 2,423,410 shares during the last quarter. United Services Automobile Association lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 70.1% in the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after acquiring an additional 2,069,200 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after acquiring an additional 1,911,414 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 NYSEARCA:AGG opened at $98.95 on Friday. The stock’s 50-day simple moving average is $99.55 and its two-hundred day simple moving average is $100.04. The stock has a market capitalization of $135.20 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.66 and a 52-week high of $101.46.

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.