Heritage Wealth Management Inc. CA Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Heritage Wealth Management Inc. CA reduced its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 16,077 shares of the company’s stock after selling 2,175 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.2% of Heritage Wealth Management Inc. CA’s holdings, making the stock its 25th largest holding. Heritage Wealth Management Inc. CA’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,590,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AGG. Forza Wealth Management LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% during the first quarter. Forza Wealth Management LLC now owns 12,337 shares of the company’s stock valued at $1,220,000 after buying an additional 750 shares during the period. Topsail Wealth Management LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 4.3% during the 1st quarter. Topsail Wealth Management LLC now owns 4,199 shares of the company’s stock valued at $415,000 after purchasing an additional 174 shares during the period. Banque Pictet & Cie SA purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $224,000. Cornerstone Planning Group LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 19.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 686 shares of the company’s stock valued at $67,000 after purchasing an additional 114 shares during the period. Finally, Principal Securities Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 0.9% during the 1st quarter. Principal Securities Inc. now owns 1,052,405 shares of the company’s stock valued at $101,978,000 after purchasing an additional 9,421 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.49 on Thursday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $102.04. The business’s 50 day moving average price is $97.94 and its two-hundred day moving average price is $97.82. The company has a market capitalization of $128.52 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12.

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.