Hsbc Holdings PLC Sells 25,266 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Hsbc Holdings PLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,035,518 shares of the company’s stock after selling 25,266 shares during the quarter. Hsbc Holdings PLC owned 0.08% of iShares Core U.S. Aggregate Bond ETF worth $102,433,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AGG. Texas Capital Bank Wealth Management Services Inc grew its holdings in iShares Core U.S. Aggregate Bond ETF by 3.3% in the first quarter. Texas Capital Bank Wealth Management Services Inc now owns 165,182 shares of the company’s stock worth $16,340,000 after purchasing an additional 5,305 shares during the period. Colonial Trust Advisors raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 14.7% during the first quarter. Colonial Trust Advisors now owns 105,499 shares of the company’s stock valued at $10,436,000 after purchasing an additional 13,545 shares during the period. Disciplina Capital Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the 1st quarter. Disciplina Capital Management LLC now owns 2,098,388 shares of the company’s stock worth $207,573,000 after purchasing an additional 106,809 shares in the last quarter. Lee Financial Co grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 100.4% in the 1st quarter. Lee Financial Co now owns 11,668 shares of the company’s stock valued at $1,154,000 after buying an additional 5,847 shares during the period. Finally, RWA Wealth Partners LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8,534.9% in the 1st quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock valued at $486,327,000 after buying an additional 4,859,427 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $99.08 on Thursday. The stock’s 50 day simple moving average is $98.57 and its 200 day simple moving average is $98.20. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $102.04. The company has a market cap of $128.56 billion, a P/E ratio of 124.57 and a beta of 0.12.

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.