Founders Financial Alliance LLC Sells 117 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Founders Financial Alliance LLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,675 shares of the company’s stock after selling 117 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $259,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% during the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after buying an additional 7,463,618 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $7,545,901,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock valued at $1,321,453,000 after acquiring an additional 230,711 shares during the last quarter. WealthNavi Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.1% in the fourth quarter. WealthNavi Inc. now owns 10,070,637 shares of the company’s stock worth $975,845,000 after purchasing an additional 207,960 shares during the last quarter. Finally, United Services Automobile Association increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% during the third 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 during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.4 %

NYSEARCA:AGG opened at $98.47 on Wednesday. The company has a 50-day moving average price of $97.49 and a 200-day moving average price of $98.62. The stock has a market cap of $124.07 billion, a price-to-earnings 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.