Bessemer Group Inc. Sells 5,550 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bessemer Group Inc. cut its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 27.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,740 shares of the company’s stock after selling 5,550 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,428,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AGG. Prevail Innovative Wealth Advisors LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 32.1% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 17,314 shares of the company’s stock worth $1,678,000 after acquiring an additional 4,207 shares in the last quarter. Diversified Enterprises LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.6% in the fourth quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock worth $11,832,000 after purchasing an additional 7,526 shares in the last quarter. Professional Financial Advisors LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock valued at $64,413,000 after buying an additional 8,242 shares during the period. Fairvoy Private Wealth LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $12,479,000. Finally, WealthTrust Asset Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.3% during the 4th quarter. WealthTrust Asset Management LLC now owns 59,467 shares of the company’s stock worth $5,762,000 after buying an additional 198 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %

NYSEARCA:AGG opened at $97.61 on Tuesday. The firm has a market capitalization of $123.96 billion, a P/E ratio of 126.17 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The company has a fifty day moving average of $98.23 and a 200-day moving average of $98.12.

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.