Accredited Investors Inc. Sells 20,796 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Accredited Investors Inc. cut its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.5% in the third quarter, Holdings Channel.com reports. The firm owned 145,795 shares of the company’s stock after selling 20,796 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 0.8% of Accredited Investors Inc.’s investment portfolio, making the stock its 23rd biggest position. Accredited Investors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,765,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. State of Michigan Retirement System purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $498,454,000. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after purchasing an additional 4,641,016 shares during the period. US Bancorp DE grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after purchasing an additional 3,717,053 shares during the last quarter. Raymond James & Associates increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after buying an additional 2,640,524 shares during the period. Finally, International Assets Investment Management LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock worth $244,418,000 after buying an additional 2,393,623 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:AGG opened at $97.66 on Friday. The firm’s 50 day simple moving average is $99.77 and its 200-day simple moving average is $98.69. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04.

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.