Lowe Brockenbrough & Co. Inc. Cuts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Lowe Brockenbrough & Co. Inc. lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,558 shares of the company’s stock after selling 4,934 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 1.0% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 28th biggest position. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Kozak & Associates Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $33,000. Bank of Jackson Hole Trust purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $43,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1 %

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.86 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The firm’s 50 day moving average is $97.75 and its two-hundred day moving average is $98.55. The firm has a market capitalization of $125.55 billion, a P/E ratio of 125.34 and a beta of 0.22.

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.