New Wave Wealth Advisors LLC Decreases Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

New Wave Wealth Advisors LLC decreased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.0% during the 4th quarter, HoldingsChannel reports. The fund owned 25,089 shares of the company’s stock after selling 1,320 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.0% of New Wave Wealth Advisors LLC’s portfolio, making the stock its 25th biggest holding. New Wave Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock worth $7,196,768,000 after buying an additional 2,376,267 shares during the period. US Bancorp DE increased its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after buying an additional 3,717,053 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock worth $1,321,453,000 after buying an additional 230,711 shares during the last quarter. First Citizens Bank & Trust Co. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 8.6% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,322,474 shares of the company’s stock worth $1,045,357,000 after buying an additional 820,373 shares during the last quarter. Finally, WealthNavi Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% during the 3rd quarter. WealthNavi Inc. now owns 9,862,677 shares of the company’s stock worth $998,793,000 after acquiring an additional 232,340 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $97.60 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04. The stock’s 50-day simple moving average is $97.48 and its 200-day simple moving average is $98.87.

iShares Core U.S. Aggregate Bond ETF 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.