Redwood Investment Management LLC Has $6.66 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Redwood Investment Management LLC lowered its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 17.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,745 shares of the company’s stock after selling 14,611 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 0.6% of Redwood Investment Management LLC’s holdings, making the stock its 18th biggest position. Redwood Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,661,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Barclays PLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 53,507.4% in the third quarter. Barclays PLC now owns 43,422 shares of the company’s stock valued at $4,398,000 after acquiring an additional 43,341 shares during the last quarter. Fiduciary Financial Group LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 52.0% during the 4th quarter. Fiduciary Financial Group LLC now owns 6,269 shares of the company’s stock valued at $601,000 after purchasing an additional 2,144 shares in the last quarter. Accurate Wealth Management LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 22.0% in the 4th quarter. Accurate Wealth Management LLC now owns 63,319 shares of the company’s stock valued at $6,075,000 after purchasing an additional 11,413 shares during the last quarter. Pines Wealth Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $289,000. Finally, Park Avenue Securities LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 21.8% during the fourth quarter. Park Avenue Securities LLC now owns 575,001 shares of the company’s stock worth $55,718,000 after buying an additional 102,796 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $97.05 on Thursday. The stock has a market capitalization of $122.28 billion, a P/E ratio of 124.57 and a beta of 0.25. The business has a 50-day moving average of $98.19 and a two-hundred day moving average of $97.89. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.63 and a fifty-two week high of $102.04.

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.