iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stake Reduced by Assetmark Inc.

Assetmark Inc. trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,037,983 shares of the company’s stock after selling 72,002 shares during the quarter. Assetmark Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $100,581,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AGG. Arizona PSPRS Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $822,973,000. Jones Financial Companies Lllp grew its position in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock worth $12,495,021,000 after purchasing an additional 7,463,618 shares during the last quarter. United Services Automobile Association increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% in the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after purchasing an additional 4,694,299 shares during the period. Constellation Investments Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $431,100,000. Finally, Proficio Capital Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2,980.1% during the fourth quarter. Proficio Capital Partners LLC now owns 4,576,801 shares of the company’s stock worth $443,492,000 after buying an additional 4,428,207 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $98.91 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04. The firm has a market capitalization of $124.63 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The business has a 50 day simple moving average of $97.32 and a 200 day simple moving average of $98.69.

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.