iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 286,114 shares of the company’s stock after selling 86,160 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.2% of Phillips Financial Management LLC’s portfolio, making the stock its 14th biggest holding. Phillips Financial Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of AGG. Bradley & Co. Private Wealth Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Kozak & Associates Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $33,000. Bank of Jackson Hole Trust purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $98.18 on Thursday. The firm has a market capitalization of $123.71 billion, a PE ratio of 125.24 and a beta of 0.20. The firm’s 50-day moving average is $97.51 and its two-hundred day moving average is $98.62. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

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.