Farmers & Merchants Investments Inc. Sells 3,187 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Farmers & Merchants Investments Inc. decreased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,321 shares of the company’s stock after selling 3,187 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,055,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $7,545,901,000. Sagespring Wealth Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $2,473,132,000. Ameriprise Financial Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 75.4% during the fourth quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock worth $1,853,830,000 after acquiring an additional 8,223,945 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.1% in the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after purchasing an additional 7,463,618 shares during the period. Finally, Arizona PSPRS Trust raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 64.2% in the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock worth $1,293,296,000 after acquiring an additional 5,220,182 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $97.96 on Friday. The business has a 50 day simple moving average of $97.76 and a 200-day simple moving average of $97.81. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $102.04. The stock has a market capitalization of $124.41 billion, a PE ratio of 124.57 and a beta of 0.24.

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.