Snider Financial Group Has $22.14 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Snider Financial Group lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 223,862 shares of the company’s stock after selling 1,941 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 7.2% of Snider Financial Group’s portfolio, making the stock its 2nd largest position. Snider Financial Group’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,144,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AGG. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Greenline Partners LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $31,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $33,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $35,000. Finally, Stonebridge Financial Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $97.78 on Friday. The stock has a market cap of $124.18 billion, a PE ratio of 124.57 and a beta of 0.24. The firm has a 50-day moving average of $97.88 and a 200-day moving average of $97.83. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $102.04.

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.