iShares Core U.S. Aggregate Bond ETF $AGG is Summit Wealth Partners LLC’s 6th Largest Position

Summit Wealth Partners LLC trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 176,054 shares of the company’s stock after selling 18,651 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 2.8% of Summit Wealth Partners LLC’s holdings, making the stock its 6th biggest holding. Summit Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $17,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Brighton Jones LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after buying an additional 3,044 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $111,000. Ieq Capital LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 2nd quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock worth $4,700,000 after acquiring an additional 4,269 shares during the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.6% in the 2nd quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after acquiring an additional 943 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

NYSEARCA AGG opened at $98.63 on Tuesday. The business’s fifty day simple moving average is $98.88 and its 200-day simple moving average is $99.60. The firm has a market cap of $134.76 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46.

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.