Bryn Mawr Capital Management LLC Cuts Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bryn Mawr Capital Management LLC lessened its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 79,886 shares of the company’s stock after selling 7,018 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $33,000. Bank of Jackson Hole Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $35,000. Finally, Stonebridge Financial Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $43,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $98.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The stock has a 50-day moving average of $97.10 and a 200 day moving average of $98.73. The company has a market capitalization of $124.49 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

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.