Hobbs Group Advisors LLC Sells 766 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Hobbs Group Advisors LLC trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,760 shares of the company’s stock after selling 766 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $671,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of AGG. Briaud Financial Planning Inc bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $25,000. MTM Investment Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $37,000. AlphaCore Capital LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $40,000. Atlas Capital Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 66.7% in the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after purchasing an additional 200 shares in the last quarter. Finally, Byrne Asset Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $53,000. 83.63% of the stock is currently owned by institutional investors.

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

AGG stock opened at $100.43 on Friday. The business has a 50 day moving average price of $99.76 and a two-hundred day moving average price of $98.67. The company has a market cap of $132.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.02.

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.