iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Granite Harbor Advisors Inc.

Granite Harbor Advisors Inc. cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.3% during the first quarter, HoldingsChannel.com reports. The firm owned 153,314 shares of the company’s stock after selling 5,201 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 6.6% of Granite Harbor Advisors Inc.’s portfolio, making the stock its 2nd largest position. Granite Harbor Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,220,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Cresta Advisors Ltd. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. First Command Advisory Services Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.0%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $99.37 on Tuesday. The company has a 50-day moving average of $98.85 and a two-hundred day moving average of $99.57. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-month high of $101.46. The stock has a market cap of $135.77 billion, a PE ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.