Founders Financial Securities LLC Has $22.81 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Founders Financial Securities LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 227,513 shares of the company’s stock after selling 40,086 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 1.6% of Founders Financial Securities LLC’s portfolio, making the stock its 13th biggest holding. Founders Financial Securities LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Angeles Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $26,000. North Ridge Wealth Advisors Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $29,000. Transce3nd LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after buying an additional 222 shares in the last quarter. GAMMA Investing LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 509.3% in the third quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock worth $53,000 after buying an additional 438 shares during the last quarter. Finally, IMA Advisory Services Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $60,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $99.80 on Wednesday. The stock has a market capitalization of $134.30 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35. The company has a 50 day moving average price of $100.40 and a two-hundred day moving average price of $99.60.

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.