iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Reduced by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,398 shares of the company’s stock after selling 1,256 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,329,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 29.1% during the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after purchasing an additional 9,922,958 shares in the last quarter. Jones Financial Companies Lllp grew its position in iShares Core U.S. Aggregate Bond ETF by 7.5% during the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after purchasing an additional 9,678,339 shares in the last quarter. RWA Wealth Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 8,534.9% during the first quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock valued at $486,327,000 after purchasing an additional 4,859,427 shares in the last quarter. Raymond James Financial Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after purchasing an additional 3,421,606 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 13.9% during the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after purchasing an additional 2,567,446 shares in the last quarter. 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 AGG opened at $101.14 on Friday. The company’s 50 day moving average price is $100.14 and its 200 day moving average price is $98.83. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35. The company has a market capitalization of $135.75 billion, a PE 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.