Miracle Mile Advisors LLC Has $22.37 Million Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Miracle Mile Advisors LLC cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 43.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 228,444 shares of the company’s stock after selling 173,467 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,374,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Pacific Financial bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. First Community Trust NA bought a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $25,000. Vima LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $27,000. Cetera Trust Company N.A bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $28,000. Finally, Atlas Capital Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.5 %

NYSEARCA AGG traded down $0.52 during trading on Monday, reaching $96.25. 12,236,470 shares of the stock traded hands, compared to its average volume of 8,327,363. The stock’s 50-day moving average price is $96.67 and its 200 day moving average price is $97.37. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $99.70.

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.