Linscomb Wealth Inc. Decreases Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Linscomb Wealth Inc. reduced its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,756 shares of the company’s stock after selling 281 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,178,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Highline Wealth Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $68,000. Pinnacle Associates Ltd. boosted its position in iShares Core U.S. Aggregate Bond ETF by 2.3% during the third quarter. Pinnacle Associates Ltd. now owns 19,578 shares of the company’s stock worth $1,943,000 after acquiring an additional 447 shares during the last quarter. Fiducient Advisors LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 64.3% during the 3rd quarter. Fiducient Advisors LLC now owns 143,862 shares of the company’s stock valued at $14,569,000 after acquiring an additional 56,317 shares in the last quarter. Cornerstone Wealth Group LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 22.3% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 645,733 shares of the company’s stock valued at $65,393,000 after acquiring an additional 117,681 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.7% in the 3rd quarter. Financial Advocates Investment Management now owns 170,440 shares of the company’s stock worth $17,174,000 after purchasing an additional 2,786 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 Price Performance

AGG stock opened at $98.81 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The firm has a market capitalization of $124.50 billion, a PE ratio of 125.24 and a beta of 0.20. The business has a 50 day simple moving average of $97.18 and a 200-day simple moving average of $98.73.

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.