iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Sonoma Allocations LLC

Sonoma Allocations LLC reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 26.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 76,419 shares of the company’s stock after selling 26,837 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.6% of Sonoma Allocations LLC’s investment portfolio, making the stock its 10th largest position. Sonoma Allocations LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AGG. Raymond James Financial Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% during the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares during the period. US Bancorp DE grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares during the period. Finally, Morgan Stanley raised its position in iShares Core U.S. Aggregate Bond ETF by 4.0% in the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock valued at $3,244,444,000 after purchasing an additional 1,245,217 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1%

Shares of NYSEARCA:AGG opened at $97.62 on Friday. The firm’s 50 day moving average price is $98.43 and its 200 day moving average price is $99.25. The stock has a market cap of $137.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.27 and a fifty-two week high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.