Strategic Financial Concepts LLC Decreases Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Strategic Financial Concepts LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 37.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,662 shares of the company’s stock after selling 25,364 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,220,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $7,545,901,000. Sagespring Wealth Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $2,473,132,000. Ameriprise Financial Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 75.4% during the fourth quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock worth $1,853,830,000 after purchasing an additional 8,223,945 shares in the last quarter. Arizona PSPRS Trust lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 64.2% during the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock worth $1,293,296,000 after purchasing an additional 5,220,182 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the fourth quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock valued at $4,240,174,000 after purchasing an additional 3,944,353 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

AGG opened at $98.67 on Thursday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $102.04. The firm has a market cap of $128.08 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The company has a fifty day simple moving average of $97.99 and a 200 day simple moving average of $97.79.

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.