Diversified Portfolios Inc. Sells 553 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Diversified Portfolios Inc. reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.6% during the 4th quarter, Holdings Channel reports. The firm owned 7,870 shares of the company’s stock after selling 553 shares during the period. Diversified Portfolios Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $763,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Arizona PSPRS Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $822,973,000. United Services Automobile Association increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% in the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares during the last quarter. Constellation Investments Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $431,100,000. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after acquiring an additional 3,717,053 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 12,022.8% during the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after purchasing an additional 2,393,623 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:AGG opened at $97.27 on Wednesday. The company has a 50 day moving average price of $97.29 and a two-hundred day moving average price of $98.85. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week 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.