Accredited Investors Inc. Cuts Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Accredited Investors Inc. lowered its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 65.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,273 shares of the company’s stock after selling 95,522 shares during the quarter. Accredited Investors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $33,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $35,000. Finally, Stonebridge Financial Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $43,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $97.91 on Thursday. The stock has a market capitalization of $124.35 billion, a PE ratio of 126.17 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The company has a fifty day moving average of $98.24 and a 200-day moving average of $98.23.

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.