iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Sets New 1-Year Low – Should You Sell?

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGGGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $96.88 and last traded at $96.93, with a volume of 314043 shares changing hands. The stock had previously closed at $97.41.

iShares Core U.S. Aggregate Bond ETF Stock Performance

The business’s 50 day simple moving average is $97.84 and its 200-day simple moving average is $98.80. The stock has a market capitalization of $136.65 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

Hedge Funds Weigh In On iShares Core U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Verus Wealth Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after acquiring an additional 106 shares during the period. Childress Capital Advisors LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% during the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock valued at $1,057,000 after purchasing an additional 107 shares during the period. Fortitude Advisory Group L.L.C. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the second quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock valued at $848,000 after purchasing an additional 107 shares in the last quarter. Retirement Planning Group LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% during the fourth quarter. Retirement Planning Group LLC now owns 6,640 shares of the company’s stock valued at $663,000 after purchasing an additional 114 shares in the last quarter. Finally, Berkeley Capital Partners LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.8% in the fourth quarter. Berkeley Capital Partners LLC now owns 6,354 shares of the company’s stock worth $635,000 after purchasing an additional 115 shares during the period. 83.63% of the stock is owned by institutional investors.

About iShares Core U.S. Aggregate Bond ETF

(Get Free Report)

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.

Further Reading

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