SVB Wealth LLC Has $32.24 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

SVB Wealth LLC lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 324,807 shares of the company’s stock after selling 46,160 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 2.1% of SVB Wealth LLC’s portfolio, making the stock its 11th largest position. SVB Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $32,244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Valley National Advisers Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Blueline Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. First Command Advisory Services Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3%

Shares of NYSEARCA AGG opened at $98.63 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year high of $101.46. The company has a 50-day moving average of $98.88 and a two-hundred day moving average of $99.60. The company has a market cap of $134.76 billion, a PE ratio of 124.57 and a beta of 0.25.

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.