Barings LLC Trims Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Barings LLC reduced its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGGFree Report) by 51.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 126,953 shares of the company’s stock after selling 135,985 shares during the period. Barings LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $12,302,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $43,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.35 on Friday. The firm has a fifty day moving average price of $97.42 and a 200 day moving average price of $98.66. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The stock has a market cap of $123.92 billion, a PE ratio of 125.24 and a beta of 0.20.

About iShares Core U.S. Aggregate Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGGFree Report).

Institutional Ownership by Quarter for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

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