iShares Core U.S. Aggregate Bond ETF $AGG Stake Lessened by First Citizens Asset Management Inc.

First Citizens Asset Management Inc. cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 49.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 297,832 shares of the company’s stock after selling 287,875 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 10.6% of First Citizens Asset Management Inc.’s portfolio, making the stock its 4th largest holding. First Citizens Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $29,858,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. US Bancorp DE raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after buying an additional 9,922,958 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after acquiring an additional 5,728,914 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth $395,573,000. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 12.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,959,615 shares of the company’s stock valued at $1,880,794,000 after purchasing an additional 2,093,359 shares in the last quarter. Finally, United Services Automobile Association grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 70.1% in the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after purchasing an additional 2,069,200 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

AGG stock opened at $99.69 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.35. The firm has a 50-day simple moving average of $100.11 and a 200-day simple moving average of $99.96. The stock has a market capitalization of $137.67 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.