Bessemer Group Inc. Sells 5,550 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bessemer Group Inc. reduced its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 27.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,740 shares of the company’s stock after selling 5,550 shares during the period. Bessemer Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,428,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Barclays PLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 53,507.4% in the third quarter. Barclays PLC now owns 43,422 shares of the company’s stock valued at $4,398,000 after purchasing an additional 43,341 shares in the last quarter. McIlrath & Eck LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 1,554.0% in the 3rd quarter. McIlrath & Eck LLC now owns 2,481 shares of the company’s stock valued at $251,000 after buying an additional 2,331 shares during the last quarter. Westside Investment Management Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 0.9% during the 3rd quarter. Westside Investment Management Inc. now owns 74,342 shares of the company’s stock valued at $7,521,000 after acquiring an additional 676 shares in the last quarter. SkyView Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $709,000. Finally, World Investment Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1,817.5% in the 3rd quarter. World Investment Advisors LLC now owns 316,352 shares of the company’s stock worth $32,037,000 after acquiring an additional 299,854 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $97.61 on Tuesday. 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 firm has a market capitalization of $123.96 billion, a P/E ratio of 126.17 and a beta of 0.24. The company’s 50-day moving average is $98.23 and its 200 day moving average is $98.12.

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.