Financial Engines Advisors L.L.C. Decreases Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Financial Engines Advisors L.L.C. trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.9% during the fourth quarter, Holdings Channel reports. The fund owned 183,170 shares of the company’s stock after selling 3,640 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $17,749,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $7,545,901,000. Arizona PSPRS Trust bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $822,973,000. Jones Financial Companies Lllp lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% during the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after purchasing an additional 7,463,618 shares during the last quarter. United Services Automobile Association boosted its position in iShares Core U.S. Aggregate Bond ETF by 105.8% during the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after purchasing an additional 4,694,299 shares during the period. Finally, Constellation Investments Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $431,100,000. 83.63% of the stock is owned by institutional investors.

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

NYSEARCA AGG opened at $98.45 on Wednesday. The firm has a market cap of $125.03 billion, a P/E ratio of 125.34 and a beta of 0.22. The company’s 50 day moving average is $97.90 and its 200-day moving average is $98.47. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04.

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.