iShares Core U.S. Aggregate Bond ETF $AGG Stock: Navigate Wealth Management LLC Lowers Holdings

Navigate Wealth Management LLC lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,148 shares of the company’s stock after selling 5,930 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 4.3% of Navigate Wealth Management LLC’s portfolio, making the stock its 6th largest position. Navigate Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,108,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $43,000. WestHill Financial Advisors Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 13.2% during the third quarter. WestHill Financial Advisors Inc. now owns 19,831 shares of the company’s stock worth $1,875,000 after purchasing an additional 2,307 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth approximately $132,131,000. Focus Financial Network Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 5.8% during the third quarter. Focus Financial Network Inc. now owns 679,072 shares of the company’s stock worth $64,199,000 after purchasing an additional 37,235 shares in the last quarter. Finally, Liberty Atlantic Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 17.9% during the 3rd quarter. Liberty Atlantic Advisors LLC now owns 82,077 shares of the company’s stock worth $7,760,000 after buying an additional 12,490 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock traded up $0.06 during mid-day trading on Wednesday, hitting $94.77. 8,052,943 shares of the stock were exchanged, compared to its average volume of 9,510,489. The stock’s fifty day simple moving average is $96.30 and its two-hundred day simple moving average is $97.83. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46. The stock has a market capitalization of $137.39 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.