Sheets Smith Wealth Management Sells 496 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Sheets Smith Wealth Management lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,864 shares of the company’s stock after selling 496 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,078,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Briaud Financial Planning Inc bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $25,000. MTM Investment Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at approximately $37,000. AlphaCore Capital LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $40,000. Godsey & Gibb Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $46,000. Finally, Atlas Capital Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after acquiring an additional 200 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $100.33 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.62. The company’s 50-day simple moving average is $99.31 and its two-hundred day simple moving average is $98.52. The company has a market capitalization of $130.18 billion, a P/E ratio of 124.57 and a beta of 0.12.

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.