Balanced Wealth Group LLC Lowers Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Balanced Wealth Group LLC lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 63.4% during the second quarter, HoldingsChannel reports. The firm owned 6,284 shares of the company’s stock after selling 10,900 shares during the quarter. Balanced Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $605,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AGG. Raymond James & Associates increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after purchasing an additional 2,640,524 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after acquiring an additional 4,641,016 shares during the last quarter. US Bancorp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.8% during the 2nd quarter. US Bancorp DE now owns 33,543,687 shares of the company’s stock worth $3,256,099,000 after acquiring an additional 1,844,683 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after acquiring an additional 1,704,132 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after acquiring an additional 2,455,461 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

Shares of AGG stock opened at $101.49 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $102.04. The company has a 50 day moving average price of $100.01 and a 200 day moving average price of $97.96.

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.