Cynosure Group LLC Sells 14,223 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cynosure Group LLC cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,736 shares of the company’s stock after selling 14,223 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.5% of Cynosure Group LLC’s portfolio, making the stock its 18th biggest position. Cynosure Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Raymond James & Associates lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.5% in the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after buying an additional 2,376,267 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after acquiring an additional 4,641,016 shares during the period. US Bancorp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after acquiring an additional 3,717,053 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after acquiring an additional 1,704,132 shares in the last quarter. Finally, Creative Planning grew its holdings in iShares Core U.S. Aggregate Bond ETF by 2.5% in the second quarter. Creative Planning now owns 12,959,116 shares of the company’s stock worth $1,257,941,000 after purchasing an additional 318,944 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2 %

AGG opened at $98.54 on Wednesday. The company has a fifty day moving average price of $99.26 and a two-hundred day moving average price of $98.80. 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.