Sequoia Financial Advisors LLC Cuts Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Sequoia Financial Advisors LLC lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 166,628 shares of the company’s stock after selling 13,992 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $16,146,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its stake in iShares Core U.S. Aggregate Bond ETF by 6.1% during the fourth 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. Raymond James Financial Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $7,545,901,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock valued at $1,321,453,000 after acquiring an additional 230,711 shares during the period. WealthNavi Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.1% in the 4th quarter. WealthNavi Inc. now owns 10,070,637 shares of the company’s stock valued at $975,845,000 after acquiring an additional 207,960 shares during the period. Finally, United Services Automobile Association raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% in the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3 %

Shares of AGG stock opened at $98.18 on Thursday. The company’s fifty day simple moving average is $97.51 and its 200-day simple moving average is $98.62. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The company has a market cap of $123.71 billion, a PE ratio of 125.24 and a beta of 0.20.

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.