SouthState Bank Corp Decreases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

SouthState Bank Corp lowered its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,169 shares of the company’s stock after selling 10,164 shares during the period. SouthState Bank Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,179,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Valley National Advisers Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Blueline Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. First Command Advisory Services Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Finally, North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of AGG stock opened at $98.00 on Wednesday. The company has a market capitalization of $138.28 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm has a 50-day moving average price of $98.61 and a 200 day moving average price of $99.44. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.51 and a twelve month high of $101.46.

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.