Canton Hathaway LLC Reduces Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Canton Hathaway LLC trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 50.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 48,700 shares of the company’s stock after selling 49,516 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.0% of Canton Hathaway LLC’s portfolio, making the stock its 17th biggest position. Canton Hathaway LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,831,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Briaud Financial Planning Inc purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $25,000. MTM Investment Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $37,000. AlphaCore Capital LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $40,000. Atlas Capital Advisors Inc. grew its position in shares of 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 last quarter. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $56,000. 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 iShares Core U.S. Aggregate Bond ETF stock opened at $100.60 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35. The stock has a market capitalization of $135.38 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm’s fifty day simple moving average is $100.30 and its 200-day simple moving average is $98.93.

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.