Financial Engines Advisors L.L.C. Sells 3,640 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Financial Engines Advisors L.L.C. reduced its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 183,170 shares of the company’s stock after selling 3,640 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $17,749,000 as of its most recent filing with the SEC.

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

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.45 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The firm has a 50-day moving average price of $97.90 and a two-hundred day moving average price of $98.47. The firm has a market cap of $125.03 billion, a price-to-earnings 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.