iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Sold by MTC Wealth Management LLC

MTC Wealth Management LLC trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 431,946 shares of the company’s stock after selling 16,671 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 21.0% of MTC Wealth Management LLC’s portfolio, making the stock its biggest position. MTC Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $42,728,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% in the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after acquiring an additional 3,007,758 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after acquiring an additional 2,718,705 shares in the last quarter. Bank of America Corp DE increased its position 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 worth $4,240,174,000 after acquiring an additional 3,944,353 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $2,473,132,000. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 23,411,435 shares of the company’s stock worth $2,268,568,000 after acquiring an additional 882,233 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.89 on Thursday. The company’s 50 day moving average price is $97.94 and its 200 day moving average price is $97.87. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $102.04. The company has a market capitalization of $127.70 billion, a PE ratio of 124.57 and a beta of 0.12.

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.