iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stake Lessened by United Services Automobile Association

United Services Automobile Association lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 67.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,953,780 shares of the company’s stock after selling 6,175,381 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 9.6% of United Services Automobile Association’s holdings, making the stock its biggest position. United Services Automobile Association’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $286,221,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Kozak & Associates Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $33,000. Bank of Jackson Hole Trust purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

Shares of NYSEARCA AGG opened at $98.74 on Monday. The firm has a market cap of $125.40 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22. The company’s 50-day simple moving average is $97.80 and its 200-day simple moving average is $98.51. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04.

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.