Midwest Capital Advisors LLC Decreases Position in iShares Core U.S. Aggregate Bond ETF $AGG

Midwest Capital Advisors LLC trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,989 shares of the company’s stock after selling 358 shares during the quarter. Midwest Capital Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $197,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Briaud Financial Planning Inc purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth approximately $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth approximately $37,000. AlphaCore Capital LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth approximately $40,000. Atlas Capital Advisors Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after buying an additional 200 shares during the period. Finally, Byrne Asset Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth approximately $53,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.43 on Friday. The business’s 50 day moving average price is $99.76 and its 200-day moving average price is $98.67. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.02. The company has a market cap of $132.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12.

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.