Stifel Financial Corp Sells 151,483 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Stifel Financial Corp decreased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,269,229 shares of the company’s stock after selling 151,483 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 0.6% of Stifel Financial Corp’s investment portfolio, making the stock its 25th biggest position. Stifel Financial Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $607,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $7,545,901,000. Sagespring Wealth Partners LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $2,473,132,000. Jones Financial Companies Lllp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.1% in the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock worth $12,495,021,000 after buying an additional 7,463,618 shares in the last quarter. Arizona PSPRS Trust grew its position in iShares Core U.S. Aggregate Bond ETF by 64.2% during the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock valued at $1,293,296,000 after acquiring an additional 5,220,182 shares during the last quarter. Finally, Constellation Investments Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $431,100,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.87 on Monday. 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 50 day moving average price of $98.26 and a 200-day moving average price of $98.04. The firm has a market cap of $122.34 billion, a price-to-earnings ratio of 124.85 and a beta of 0.24.

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.