iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is United Services Automobile Association’s Largest Position

United Services Automobile Association lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 67.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,953,780 shares of the company’s stock after selling 6,175,381 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 9.6% of United Services Automobile Association’s portfolio, making the stock its largest position. United Services Automobile Association owned about 0.24% of iShares Core U.S. Aggregate Bond ETF worth $286,221,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Kozak & Associates Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $33,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $98.74 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The company has a market capitalization of $125.40 billion, a PE ratio of 125.34 and a beta of 0.22. The company has a fifty day moving average of $97.80 and a 200 day moving average of $98.51.

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.