Summit Wealth Group LLC Cuts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Summit Wealth Group LLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,099 shares of the company’s stock after selling 2,756 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.8% of Summit Wealth Group LLC’s holdings, making the stock its 10th biggest holding. Summit Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,700,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. US Bancorp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after buying an additional 3,717,053 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during 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 buying an additional 230,711 shares in the last quarter. United Services Automobile Association boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% during the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after buying an additional 4,694,299 shares in the last quarter. FMR LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 20.4% during the 3rd quarter. FMR LLC now owns 9,092,454 shares of the company’s stock valued at $920,793,000 after buying an additional 1,540,422 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 8,174,489 shares of the company’s stock valued at $827,830,000 after buying an additional 282,022 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.6 %

Shares of AGG stock opened at $98.80 on Wednesday. The company’s fifty day moving average price is $97.10 and its 200-day moving average price is $98.73. The stock has a market cap of $124.49 billion, a PE ratio of 125.24 and a beta of 0.20. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month 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.