Fragasso Financial Advisors Inc Lowers Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Fragasso Financial Advisors Inc trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 5,105 shares of the company’s stock after selling 516 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $496,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1,332.5% during the 2nd quarter. Mather Group LLC. now owns 97,626 shares of the company’s stock valued at $9,562,000 after purchasing an additional 90,811 shares during the last quarter. Thompson Investment Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 85.7% during the second quarter. Thompson Investment Management Inc. now owns 20,479 shares of the company’s stock valued at $1,988,000 after buying an additional 9,453 shares during the last quarter. BancFirst Trust & Investment Management purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $219,000. City State Bank increased its stake in iShares Core U.S. Aggregate Bond ETF by 16.9% in the 2nd quarter. City State Bank now owns 62,150 shares of the company’s stock worth $6,033,000 after acquiring an additional 8,980 shares during the last quarter. Finally, Benchmark Wealth Management LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 79.6% in the 2nd quarter. Benchmark Wealth Management LLC now owns 7,073 shares of the company’s stock worth $687,000 after acquiring an additional 3,135 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.6 %

Shares of NYSEARCA AGG traded down $0.59 during midday trading on Tuesday, reaching $99.66. 10,945,157 shares of the stock traded hands, compared to its average volume of 8,175,032. The company’s 50 day moving average is $97.69 and its 200 day moving average is $97.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $100.89.

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.