Andina Capital Management LLC Sells 24,286 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Andina Capital Management LLC lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.6% during the first quarter, HoldingsChannel.com reports. The firm owned 78,574 shares of the company’s stock after selling 24,286 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 6.9% of Andina Capital Management LLC’s portfolio, making the stock its biggest position. Andina Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,800,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Valley National Advisers Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Blueline Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. First Command Advisory Services Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

NYSEARCA AGG opened at $98.71 on Wednesday. The company has a market cap of $134.87 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 $97.51 and a 12 month high of $101.46. The stock has a 50 day moving average of $98.87 and a 200-day moving average of $99.59.

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.