Connecticut Wealth Management LLC Trims Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Connecticut Wealth Management LLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 44,181 shares of the company’s stock after selling 6,389 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,289,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First Community Trust NA acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $25,000. Vima LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $27,000. Lynx Investment Advisory acquired a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth $28,000. Atlas Capital Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $29,000. Finally, Elevate Wealth Advisory Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

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

NYSEARCA:AGG opened at $101.49 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $102.04. The stock has a 50-day simple moving average of $100.01 and a 200-day simple moving average of $97.96.

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.