Stephens Consulting LLC Cuts Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Stephens Consulting LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,509 shares of the company’s stock after selling 1,511 shares during the quarter. Stephens Consulting LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,042,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Linscomb Wealth Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 0.4% in the first quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock valued at $6,331,000 after purchasing an additional 244 shares during the period. Mascoma Wealth Management LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 7.1% in the first quarter. Mascoma Wealth Management LLC now owns 474,928 shares of the company’s stock valued at $46,980,000 after purchasing an additional 31,299 shares during the period. Charter Capital Management LLC DE purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $3,459,000. Interactive Financial Advisors Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 0.8% in the first quarter. Interactive Financial Advisors Inc. now owns 144,383 shares of the company’s stock valued at $14,282,000 after purchasing an additional 1,170 shares during the period. Finally, BayBridge Capital Group LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 1.0% in the second quarter. BayBridge Capital Group LLC now owns 246,272 shares of the company’s stock valued at $24,430,000 after purchasing an additional 2,546 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.43 on Monday. 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 has a market cap of $132.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The stock’s 50-day simple moving average is $99.76 and its 200-day simple moving average is $98.68.

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.