Constellation Investments Inc. Lowers Position in iShares Core U.S. Aggregate Bond ETF $AGG

Constellation Investments Inc. reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,920,906 shares of the company’s stock after selling 1,142,013 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 19.5% of Constellation Investments Inc.’s holdings, making the stock its 2nd largest holding. Constellation Investments Inc. owned 0.43% of iShares Core U.S. Aggregate Bond ETF worth $587,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Bank of America Corp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after buying an additional 7,411,242 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% during the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after acquiring an additional 4,942,715 shares during the period. Northern Trust Corp grew its position in iShares Core U.S. Aggregate Bond ETF by 25.1% during the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock worth $2,068,108,000 after acquiring an additional 4,148,106 shares during the last quarter. Finally, Valpey Financial Services LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 9,942.1% in the 4th quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock worth $286,938,000 after purchasing an additional 2,844,222 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $99.34 on Monday. The stock has a market capitalization of $135.73 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm has a fifty day simple moving average of $98.85 and a two-hundred day simple moving average of $99.57. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.51 and a twelve month high of $101.46.

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.