First Citizens Bank & Trust Co. Cuts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

First Citizens Bank & Trust Co. lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,290,042 shares of the company’s stock after selling 32,432 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 15.5% of First Citizens Bank & Trust Co.’s holdings, making the stock its 2nd biggest position. First Citizens Bank & Trust Co. owned 0.83% of iShares Core U.S. Aggregate Bond ETF worth $997,105,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Archford Capital Strategies LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the 4th quarter. Archford Capital Strategies LLC now owns 3,050 shares of the company’s stock valued at $296,000 after buying an additional 157 shares in the last quarter. Affiance Financial LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.2% during the 4th quarter. Affiance Financial LLC now owns 576,795 shares of the company’s stock valued at $55,891,000 after buying an additional 23,511 shares in the last quarter. Alpha Financial Advisors LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% during the 4th quarter. Alpha Financial Advisors LLC now owns 5,975 shares of the company’s stock valued at $579,000 after buying an additional 167 shares in the last quarter. Patton Albertson Miller Group LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 82.7% during the 4th quarter. Patton Albertson Miller Group LLC now owns 4,007 shares of the company’s stock valued at $388,000 after buying an additional 1,814 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 10.1% during the 4th quarter. Merkkuri Wealth Advisors LLC now owns 35,373 shares of the company’s stock valued at $3,428,000 after buying an additional 3,242 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $97.01 on Friday. The company’s fifty day moving average price is $97.50 and its 200-day moving average price is $98.88. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month 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.