Charles Schwab Investment Management Inc. Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Charles Schwab Investment Management Inc. lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,507,740 shares of the company’s stock after selling 644,526 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,165,389,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AGG. State of Michigan Retirement System bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $498,454,000. Envestnet Asset Management Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after buying an additional 4,641,016 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after acquiring an additional 3,717,053 shares during the period. Raymond James & Associates increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after acquiring an additional 2,640,524 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after purchasing an additional 2,393,623 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $97.94 on Thursday. The firm’s 50-day moving average is $99.55 and its two-hundred day moving average is $98.73. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week 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.