RiverFront Investment Group LLC Trims Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

RiverFront Investment Group LLC cut its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,313 shares of the company’s stock after selling 395 shares during the period. RiverFront Investment Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $516,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. First Community Trust NA purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $25,000. Oliver Lagore Vanvalin Investment Group lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 162.9% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after purchasing an additional 158 shares during the period. Vima LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $28,000. Finally, Atlas Capital Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $101.24 on Wednesday. The business has a fifty day moving average of $100.45 and a two-hundred day moving average of $98.14. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $102.04.

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.