Joseph Group Capital Management Trims Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Joseph Group Capital Management reduced its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,394 shares of the company’s stock after selling 577 shares during the quarter. Joseph Group Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $232,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after acquiring an additional 2,640,524 shares during the period. Envestnet Asset Management Inc. raised its stake in 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 worth $4,278,608,000 after purchasing an additional 4,641,016 shares during the period. US Bancorp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.8% in the 2nd quarter. US Bancorp DE now owns 33,543,687 shares of the company’s stock valued at $3,256,099,000 after purchasing an additional 1,844,683 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock valued at $1,857,893,000 after purchasing an additional 1,704,132 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after buying an additional 2,455,461 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of AGG opened at $101.57 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $102.04. The stock’s fifty day simple moving average is $99.95 and its 200 day simple moving average is $97.93.

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.