Phillips Financial Management LLC Decreases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Phillips Financial Management LLC trimmed its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 240,317 shares of the company’s stock after selling 18,787 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.5% of Phillips Financial Management LLC’s investment portfolio, making the stock its 18th largest holding. Phillips Financial Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,003,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AGG. Valley National Advisers Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Wiser Advisor Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $29,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $29,000. Collier Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $31,000. Finally, JCIC Asset Management Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $32,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.4%

AGG opened at $99.85 on Friday. The firm has a 50 day moving average price of $99.90 and a 200-day moving average price of $100.13. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.66 and a twelve month high of $101.46. The stock has a market capitalization of $136.35 billion, a price-to-earnings ratio of 124.57 and a beta of 0.27.

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.