iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Sold by Summit Wealth Group LLC

Summit Wealth Group LLC lowered its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% in the third quarter, Holdings Channel.com reports. The fund owned 102,855 shares of the company’s stock after selling 8,471 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 3.0% of Summit Wealth Group LLC’s investment portfolio, making the stock its 10th largest position. Summit Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,416,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group increased its stake in iShares Core U.S. Aggregate Bond ETF by 162.9% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after acquiring an additional 158 shares during the last quarter. Lynx Investment Advisory acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $28,000. ST Germain D J Co. Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,020.0% during the third quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock worth $28,000 after acquiring an additional 255 shares during the last quarter. Wagner Wealth Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the 3rd quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock worth $31,000 after acquiring an additional 305 shares during the period. Finally, LRI Investments LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $97.75 on Tuesday. The stock’s 50-day moving average price is $99.70 and its two-hundred day moving average price is $98.73. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

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.