First Citizens Asset Management Inc. Has $63.39 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

First Citizens Asset Management Inc. reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.9% during the fourth quarter, HoldingsChannel reports. The firm owned 654,184 shares of the company’s stock after selling 5,753 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 23.2% of First Citizens Asset Management Inc.’s portfolio, making the stock its 2nd biggest holding. First Citizens Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $63,390,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AGG. Prevail Innovative Wealth Advisors LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 32.1% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 17,314 shares of the company’s stock worth $1,678,000 after acquiring an additional 4,207 shares during the period. Diversified Enterprises LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 6.6% in the 4th quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock worth $11,832,000 after purchasing an additional 7,526 shares in the last quarter. Professional Financial Advisors LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% during the fourth quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock valued at $64,413,000 after buying an additional 8,242 shares during the last quarter. Fairvoy Private Wealth LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $12,479,000. Finally, WealthTrust Asset Management LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.3% in the 4th quarter. WealthTrust Asset Management LLC now owns 59,467 shares of the company’s stock worth $5,762,000 after buying an additional 198 shares in the last quarter. 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 NYSEARCA AGG opened at $97.87 on Friday. The stock has a market capitalization of $124.29 billion, a P/E ratio of 126.17 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The business’s 50 day moving average is $98.26 and its two-hundred day moving average is $98.08.

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.