Foundations Investment Advisors LLC Decreases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Foundations Investment Advisors LLC decreased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 46.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 21,296 shares of the company’s stock after selling 18,213 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,127,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. CENTRAL TRUST Co grew its holdings in iShares Core U.S. Aggregate Bond ETF by 62.1% in the third quarter. CENTRAL TRUST Co now owns 22,762 shares of the company’s stock worth $2,282,000 after purchasing an additional 8,723 shares during the period. CPR Investments Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 205.1% in the fourth quarter. CPR Investments Inc. now owns 53,934 shares of the company’s stock worth $5,387,000 after purchasing an additional 36,256 shares during the period. NBC Securities Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 30.1% in the fourth quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock worth $5,932,000 after purchasing an additional 13,724 shares during the period. Bright Financial Advisors Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 7.1% in the third quarter. Bright Financial Advisors Inc. now owns 353,529 shares of the company’s stock worth $35,441,000 after purchasing an additional 23,511 shares during the period. Finally, Curated Wealth Partners LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $3,913,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $99.06 on Friday. The stock has a market cap of $135.35 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.23 and a fifty-two week high of $101.46. The firm’s 50-day simple moving average is $99.02 and its two-hundred day simple moving average is $99.80.

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.