Peapack Gladstone Financial Corp Cuts Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Peapack Gladstone Financial Corp decreased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,144 shares of the company’s stock after selling 2,644 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,331,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Synovus Financial Corp grew its holdings in iShares Core U.S. Aggregate Bond ETF by 11.6% during the 3rd quarter. Synovus Financial Corp now owns 109,237 shares of the company’s stock valued at $11,062,000 after purchasing an additional 11,322 shares in the last quarter. Tidal Investments LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 148.7% in the 3rd quarter. Tidal Investments LLC now owns 1,032,165 shares of the company’s stock valued at $104,368,000 after buying an additional 617,200 shares during the last quarter. Destination Wealth Management grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% during the third quarter. Destination Wealth Management now owns 1,343,115 shares of the company’s stock valued at $136,017,000 after acquiring an additional 50,209 shares in the last quarter. World Investment Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,817.5% during the third quarter. World Investment Advisors LLC now owns 316,352 shares of the company’s stock worth $32,037,000 after acquiring an additional 299,854 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 28.4% in the third quarter. Sanctuary Advisors LLC now owns 528,093 shares of the company’s stock worth $51,653,000 after acquiring an additional 116,889 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.92 on Monday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The stock has a 50-day moving average price of $98.64 and a 200 day moving average price of $99.01.

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.