HRC Wealth Management LLC Trims Position in iShares Core U.S. Aggregate Bond ETF $AGG

HRC Wealth Management LLC lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.2% during the second quarter, Holdings Channel reports. The fund owned 9,064 shares of the company’s stock after selling 700 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 0.5% of HRC Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. HRC Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $899,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AGG. Briaud Financial Planning Inc purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $25,000. MTM Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000. AlphaCore Capital LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $40,000. Atlas Capital Advisors Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after buying an additional 200 shares during the period. Finally, Byrne Asset Management LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $53,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $100.18 on Monday. The firm has a market cap of $132.01 billion, a P/E ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.02. The firm’s 50-day simple moving average is $99.62 and its 200-day simple moving average is $98.61.

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.