Delta Asset Management LLC TN Lowers Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Delta Asset Management LLC TN lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 28.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,175 shares of the company’s stock after selling 850 shares during the period. Delta Asset Management LLC TN’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $211,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $7,545,901,000. Arizona PSPRS Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $822,973,000. Jones Financial Companies Lllp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 4th 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. United Services Automobile Association grew its holdings in iShares Core U.S. Aggregate Bond ETF by 105.8% in the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after purchasing an additional 4,694,299 shares during the period. Finally, Constellation Investments Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $431,100,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.21 on Thursday. The company has a fifty day moving average of $97.93 and a two-hundred day moving average of $98.47. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04. The stock has a market capitalization of $124.73 billion, a PE ratio of 125.34 and a beta of 0.22.

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.