6,445 iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 20.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,009 shares of the company’s stock after selling 6,445 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,364,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Sellwood Investment Partners LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 5.2% during the 3rd quarter. Sellwood Investment Partners LLC now owns 76,715 shares of the company’s stock worth $7,253,000 after acquiring an additional 3,774 shares in the last quarter. Endowment Wealth Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 33.8% in the third quarter. Endowment Wealth Management Inc. now owns 4,791 shares of the company’s stock valued at $453,000 after acquiring an additional 1,211 shares in the last quarter. StoneX Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $5,134,000. Balentine LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 0.6% in the third quarter. Balentine LLC now owns 2,755,584 shares of the company’s stock valued at $260,513,000 after acquiring an additional 17,073 shares in the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $336,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

AGG opened at $96.55 on Friday. The firm’s 50 day moving average is $95.71 and its 200-day moving average is $98.16. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46. The firm has a market capitalization of $139.35 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.