Cadence Bank Sells 13,036 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cadence Bank lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 78.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,657 shares of the company’s stock after selling 13,036 shares during the quarter. Cadence Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $354,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Tobias Financial Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 18.7% during the fourth quarter. Tobias Financial Advisors Inc. now owns 57,516 shares of the company’s stock worth $5,573,000 after purchasing an additional 9,061 shares during the period. Investure LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $636,000. Strategic Investment Solutions Inc. IL lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 628.5% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 7,380 shares of the company’s stock valued at $724,000 after acquiring an additional 6,367 shares during the period. Global Endowment Management LP bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $1,899,000. Finally, MSH Capital Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $618,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.87 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The company has a market cap of $124.29 billion, a PE ratio of 126.17 and a beta of 0.24. The stock has a 50-day moving average of $98.26 and a 200-day moving average of $98.08.

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.