iShares Core U.S. Aggregate Bond ETF $AGG Stock Holdings Lessened by Sandy Cove Advisors LLC

Sandy Cove Advisors LLC trimmed its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,567 shares of the company’s stock after selling 17,584 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 4.0% of Sandy Cove Advisors LLC’s portfolio, making the stock its 8th biggest holding. Sandy Cove Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $13,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after buying an additional 1,911,414 shares in the last quarter. Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after purchasing an additional 2,423,410 shares in the last quarter. US Bancorp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after purchasing an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in iShares Core U.S. Aggregate Bond ETF by 17.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after purchasing an additional 4,942,715 shares in the last quarter. Finally, Betterment LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% in the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock valued at $2,462,990,000 after purchasing an additional 1,500,630 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 Price Performance

Shares of AGG opened at $98.44 on Monday. The firm’s 50 day simple moving average is $99.09 and its 200 day simple moving average is $99.84. The company has a market capitalization of $134.50 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.08 and a 1-year high of $101.46.

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.