Constellation Investments Inc. Has $587.77 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Constellation Investments Inc. trimmed its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.2% in the 1st quarter, Holdings Channel reports. The firm owned 5,920,906 shares of the company’s stock after selling 1,142,013 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 19.5% of Constellation Investments Inc.’s holdings, making the stock its 2nd biggest position. Constellation Investments Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $587,768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGG. Penney Financial LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the 1st quarter. Penney Financial LLC now owns 45,254 shares of the company’s stock valued at $4,492,000 after purchasing an additional 806 shares during the last quarter. TPG Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.4% during the first quarter. TPG Advisors LLC now owns 82,248 shares of the company’s stock valued at $8,165,000 after buying an additional 4,978 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 110.7% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 101,350 shares of the company’s stock valued at $10,061,000 after buying an additional 53,251 shares during the last quarter. Vannoy Advisory Group Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 1.3% in the first quarter. Vannoy Advisory Group Inc. now owns 17,389 shares of the company’s stock worth $1,726,000 after acquiring an additional 229 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 10.3% in the first quarter. Janney Montgomery Scott LLC now owns 827,495 shares of the company’s stock worth $82,146,000 after acquiring an additional 77,025 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $99.34 on Monday. The firm has a market capitalization of $135.73 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The business has a fifty day moving average price of $98.85 and a 200-day moving average price of $99.57.

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.