International Assets Investment Management LLC Sells 2,390,762 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

International Assets Investment Management LLC lowered its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 99.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,770 shares of the company’s stock after selling 2,390,762 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,207,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Raymond James & Associates lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock worth $7,196,768,000 after purchasing an additional 2,376,267 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% in 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 buying an additional 4,641,016 shares in the last quarter. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% in 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. Mercer Global Advisors Inc. ADV grew its position in iShares Core U.S. Aggregate Bond ETF by 9.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock valued at $1,857,893,000 after acquiring an additional 1,704,132 shares during the period. Finally, Creative Planning raised its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% during the second quarter. Creative Planning now owns 12,959,116 shares of the company’s stock worth $1,257,941,000 after acquiring an additional 318,944 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $96.48 on Thursday. The company’s fifty day moving average is $97.83 and its 200-day moving average is $98.95. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04.

iShares Core U.S. Aggregate Bond ETF 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.