Mechanics Bank Trust Department cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 8.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,256 shares of the company’s stock after selling 3,444 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,519,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the stock. LPF Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth $258,000. Williams & Novak LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $309,000. Scott Capital Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 13.9% during the second quarter. Scott Capital Advisors LLC now owns 2,509 shares of the company’s stock valued at $245,000 after buying an additional 306 shares during the period. Alliance Wealth Management Group increased its holdings in iShares Core U.S. Aggregate Bond ETF by 15.1% during the second quarter. Alliance Wealth Management Group now owns 78,260 shares of the company’s stock valued at $7,597,000 after buying an additional 10,289 shares during the last quarter. Finally, JGP Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $1,034,000. 83.63% of the stock is owned by hedge funds and other institutional investors.
iShares Core U.S. Aggregate Bond ETF Trading Up 0.4 %
Shares of iShares Core U.S. Aggregate Bond ETF stock traded up $0.35 on Friday, hitting $99.55. 3,879,241 shares of the company’s stock were exchanged, compared to its average volume of 8,134,598. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $100.89. The company has a 50-day simple moving average of $97.95 and a 200-day simple moving average of $97.29.
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.
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