iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stock Position Reduced by Archer Investment Corp

Archer Investment Corp cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,343 shares of the company’s stock after selling 211 shares during the period. Archer Investment Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $133,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in iShares Core U.S. Aggregate Bond ETF by 145.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,590 shares of the company’s stock valued at $705,000 after acquiring an additional 3,906 shares during the last quarter. Laurel Wealth Advisors Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 36.2% in the first quarter. Laurel Wealth Advisors Inc. now owns 52,003 shares of the company’s stock valued at $5,570,000 after acquiring an additional 13,829 shares during the last quarter. Worth Asset Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $44,000. Baltimore Washington Financial Advisors Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $241,000. Finally, West Michigan Advisors LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 2.0% in the first quarter. West Michigan Advisors LLC now owns 14,640 shares of the company’s stock valued at $1,568,000 after acquiring an additional 292 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.5 %

NYSEARCA AGG opened at $95.57 on Thursday. The company has a 50 day moving average price of $97.17 and a two-hundred day moving average price of $96.54. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $91.58 and a 12-month high of $100.42.

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.