Lowe Brockenbrough & Co. Inc. Lowers Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Lowe Brockenbrough & Co. Inc. trimmed its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,558 shares of the company’s stock after selling 4,934 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.0% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 28th largest holding. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,977,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $33,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $43,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA AGG opened at $98.86 on Friday. The stock has a fifty day moving average price of $97.75 and a 200 day moving average price of $98.55. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04. The company has a market cap of $125.55 billion, a P/E ratio of 125.34 and a beta of 0.22.

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.