Pitcairn Co. Sells 7,673 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Pitcairn Co. cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 34.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,354 shares of the company’s stock after selling 7,673 shares during the quarter. Pitcairn Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,424,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 29.1% during the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after buying an additional 9,922,958 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after acquiring an additional 9,678,339 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after acquiring an additional 5,728,914 shares in the last quarter. RWA Wealth Partners LLC raised its position in shares of 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 worth $486,327,000 after purchasing an additional 4,859,427 shares during the period. Finally, Nisa Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $395,573,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $99.81 on Monday. The stock has a 50 day simple moving average of $100.44 and a 200 day simple moving average of $99.49. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $101.35. The firm has a market capitalization of $134.31 billion, a PE ratio of 124.57 and a beta of 0.25.

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.