Penney Financial LLC Trims Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Penney Financial LLC lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 8,881 shares of the company’s stock after selling 412 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 0.6% of Penney Financial LLC’s portfolio, making the stock its 15th largest position. Penney Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $899,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 162.9% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock valued at $25,000 after acquiring an additional 158 shares during the period. ST Germain D J Co. Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,020.0% during the third quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock worth $28,000 after purchasing an additional 255 shares during the last quarter. Wagner Wealth Management LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the third quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock valued at $31,000 after purchasing an additional 305 shares during the period. Kimelman & Baird LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $36,000. Finally, Concord Wealth Partners grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 110.3% in the third quarter. Concord Wealth Partners now owns 511 shares of the company’s stock worth $52,000 after purchasing an additional 268 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.4 %

Shares of AGG opened at $97.02 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The company has a 50-day moving average of $98.09 and a 200 day moving average of $99.01.

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.