Parallel Advisors LLC Has $27.85 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Parallel Advisors LLC lessened its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.8% during the fourth quarter, Holdings Channel reports. The fund owned 287,401 shares of the company’s stock after selling 2,260 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 0.6% of Parallel Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Parallel Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,849,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AGG. Diversified Enterprises LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.6% during the fourth quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock valued at $11,832,000 after purchasing an additional 7,526 shares during the period. Professional Financial Advisors LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% during the 4th quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock worth $64,413,000 after buying an additional 8,242 shares during the period. Fairvoy Private Wealth LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $12,479,000. Kingsview Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 35.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,286,651 shares of the company’s stock worth $124,676,000 after acquiring an additional 339,637 shares in the last quarter. Finally, WealthTrust Asset Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 0.3% in the fourth quarter. WealthTrust Asset Management LLC now owns 59,467 shares of the company’s stock valued at $5,762,000 after acquiring an additional 198 shares during the period. 83.63% of the stock is owned by institutional investors.

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

Shares of NYSEARCA:AGG opened at $98.28 on Monday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The stock’s 50 day moving average is $97.58 and its 200-day moving average is $98.57. The firm has a market capitalization of $124.82 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22.

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.