Accredited Investors Inc. Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Accredited Investors Inc. trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 65.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,273 shares of the company’s stock after selling 95,522 shares during the quarter. Accredited Investors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,871,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $25,000. Kozak & Associates Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $33,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $43,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $97.91 on Thursday. The company’s 50-day moving average price is $98.24 and its two-hundred day moving average price is $98.23. 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 market capitalization of $124.35 billion, a PE ratio of 126.17 and a beta of 0.24.

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.