J.Safra Asset Management Corp Cuts Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

J.Safra Asset Management Corp trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,470 shares of the company’s stock after selling 10,593 shares during the quarter. J.Safra Asset Management Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,471,000 at the end of the most recent reporting period.

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

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $98.91 on Wednesday. The stock’s fifty day moving average price is $97.32 and its 200 day moving average price is $98.69. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The company has a market cap of $124.63 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

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.