iShares Core U.S. Aggregate Bond ETF $AGG Stake Lowered by PMG Wealth Management Inc.

PMG Wealth Management Inc. lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 18.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,000 shares of the company’s stock after selling 925 shares during the period. PMG Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $396,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.5% in the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after purchasing an additional 9,678,339 shares during the period. Raymond James Financial Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after purchasing an additional 3,421,606 shares during the period. Betterment LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 10.0% during the 1st quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after acquiring an additional 1,983,074 shares during the period. Goldman Sachs Group Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 13.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after buying an additional 2,567,446 shares in the last quarter. Finally, Northern Trust Corp increased its position in iShares Core U.S. Aggregate Bond ETF by 14.4% during the first quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock valued at $1,670,212,000 after acquiring an additional 2,120,169 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $100.07 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.56. The firm has a market capitalization of $129.84 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The stock’s 50-day simple moving average is $99.44 and its 200-day simple moving average is $98.56.

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.