iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Simplify Asset Management Inc.’s 2nd Largest Position

Simplify Asset Management Inc. reduced its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,409,731 shares of the company’s stock after selling 282,860 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 6.6% of Simplify Asset Management Inc.’s holdings, making the stock its 2nd largest holding. Simplify Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $142,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 162.9% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock valued at $25,000 after purchasing an additional 158 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1,020.0% in the third quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares in the last quarter. Lynx Investment Advisory purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $28,000. Wagner Wealth Management LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 30,500.0% in 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 in the last quarter. Finally, LRI Investments LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $34,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2 %

Shares of AGG stock traded down $0.23 on Friday, reaching $97.42. The company’s stock had a trading volume of 949,419 shares, compared to its average volume of 8,056,836. The stock’s fifty day simple moving average is $99.84 and its 200-day simple moving average is $98.65. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

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.