Patten & Patten Inc. TN Sells 231 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Patten & Patten Inc. TN cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,555 shares of the company’s stock after selling 231 shares during the period. Patten & Patten Inc. TN’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in iShares Core U.S. Aggregate Bond ETF by 6.1% during the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock worth $12,495,021,000 after purchasing an additional 7,463,618 shares during the period. Raymond James Financial Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $7,545,901,000. Wealth Enhancement Advisory Services LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock worth $1,321,453,000 after purchasing an additional 230,711 shares during the period. WealthNavi Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 2.1% during the fourth quarter. WealthNavi Inc. now owns 10,070,637 shares of the company’s stock worth $975,845,000 after purchasing an additional 207,960 shares during the period. Finally, United Services Automobile Association boosted its position in iShares Core U.S. Aggregate Bond ETF by 105.8% during the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after purchasing an additional 4,694,299 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $98.28 on Monday. The company has a fifty day moving average price of $97.58 and a two-hundred day moving average price of $98.57. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The stock has a market cap of $124.82 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22.

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.