Summit Wealth Partners LLC Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Summit Wealth Partners LLC trimmed its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,705 shares of the company’s stock after selling 14,653 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 3.6% of Summit Wealth Partners LLC’s holdings, making the stock its 5th largest holding. Summit Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,447,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AGG. Valley National Advisers Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $29,000. North Ridge Wealth Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth about $29,000. Collier Financial acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $31,000. Finally, JCIC Asset Management Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $32,000. Institutional investors own 83.63% of the company’s stock.

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

Shares of NYSEARCA AGG opened at $99.85 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $96.66 and a 1-year high of $101.46. The company has a 50-day moving average of $99.90 and a two-hundred day moving average of $100.13. The company has a market cap of $136.35 billion, a PE ratio of 124.57 and a beta of 0.27.

iShares Core U.S. Aggregate Bond ETF Company 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.