iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Assetmark Inc.

Assetmark Inc. decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 53.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 590,558 shares of the company’s stock after selling 675,310 shares during the quarter. Assetmark Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $58,625,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after acquiring an additional 5,514,115 shares during the last quarter. Bank of America Corp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after purchasing an additional 7,411,242 shares during the period. US Bancorp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% in the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Morgan Stanley increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

AGG stock opened at $98.20 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The firm has a market capitalization of $138.63 billion, a PE ratio of 124.57 and a beta of 0.25. The firm has a 50-day moving average of $98.55 and a two-hundred day moving average of $99.40.

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.