Geneos Wealth Management Inc. Decreases Position in iShares Core U.S. Aggregate Bond ETF $AGG

Geneos Wealth Management Inc. lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 43.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,651 shares of the company’s stock after selling 48,401 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,296,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Briaud Financial Planning Inc purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $25,000. MTM Investment Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000. AlphaCore Capital LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $40,000. Godsey & Gibb Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $46,000. Finally, Atlas Capital Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after buying an additional 200 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

iShares Core U.S. Aggregate Bond ETF stock opened at $100.24 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $102.04. The firm has a market capitalization of $130.06 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The firm has a 50 day simple moving average of $98.87 and a 200 day simple moving average of $98.40.

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.