iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Summit Global Investments’ Largest Position

Summit Global Investments cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGGGet Rating) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 616,491 shares of the company’s stock after selling 73,045 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 4.5% of Summit Global Investments’ holdings, making the stock its largest holding. Summit Global Investments owned about 0.08% of iShares Core U.S. Aggregate Bond ETF worth $70,329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AGG. EPG Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Destiny Wealth Partners LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $27,000. TFC Financial Management acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $29,000. Leverty Financial Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $30,000. Finally, Ahrens Investment Partners LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $32,000. 82.41% of the stock is owned by institutional investors.

NYSEARCA AGG traded up $0.43 during mid-day trading on Wednesday, reaching $104.04. 7,718,122 shares of the stock were exchanged, compared to its average volume of 9,980,863. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $101.47 and a 1-year high of $116.83. The business’s fifty day simple moving average is $104.39 and its 200 day simple moving average is $109.51.

iShares Core U.S. Aggregate Bond ETF Company Profile (Get Rating)

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.

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Institutional Ownership by Quarter for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

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