iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Lowered by Graves Light Lenhart Wealth Inc.

Graves Light Lenhart Wealth Inc. trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,080,576 shares of the company’s stock after selling 21,492 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 9.3% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its largest position. Graves Light Lenhart Wealth Inc. owned about 0.07% of iShares Core U.S. Aggregate Bond ETF worth $102,158,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AGG. Main Street Group LTD acquired a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $30,000. Manchester Capital Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $31,000. Investors Research Corp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 73.4% during the 2nd quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after purchasing an additional 149 shares in the last quarter. Steph & Co. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $40,000. Finally, Signature Equity Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 182.9% during the 1st quarter. Signature Equity Partners LLC now owns 413 shares of the company’s stock worth $41,000 after purchasing an additional 267 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $94.63 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The stock’s 50 day moving average price is $96.47 and its 200 day moving average price is $97.92. The firm has a market cap of $136.54 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.