Friedenthal Financial Reduces Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Friedenthal Financial cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,303 shares of the company’s stock after selling 295 shares during the quarter. Friedenthal Financial’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $126,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 5.2% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 53,307 shares of the company’s stock valued at $5,174,000 after purchasing an additional 2,624 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 20.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 130,483 shares of the company’s stock valued at $12,666,000 after purchasing an additional 21,887 shares during the last quarter. Spectrum Wealth Counsel LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $75,000. Tennessee Valley Asset Management Partners boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 75.9% in the second quarter. Tennessee Valley Asset Management Partners now owns 14,195 shares of the company’s stock valued at $1,378,000 after acquiring an additional 6,125 shares during the period. Finally, Abound Wealth Management grew its position in iShares Core U.S. Aggregate Bond ETF by 8.6% during the 2nd quarter. Abound Wealth Management now owns 320,442 shares of the company’s stock worth $31,105,000 after purchasing an additional 25,413 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG traded down $0.09 during midday trading on Monday, reaching $95.85. The stock had a trading volume of 10,222,318 shares, compared to its average volume of 7,596,635. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04. The firm has a fifty day simple moving average of $97.75 and a two-hundred day simple moving average of $98.94.

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.