Concorde Asset Management LLC Reduces Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Concorde Asset Management LLC lowered its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,359 shares of the company’s stock after selling 177 shares during the quarter. Concorde Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Vawter Financial Ltd. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.9% in the second quarter. Vawter Financial Ltd. now owns 11,001 shares of the company’s stock valued at $1,068,000 after purchasing an additional 100 shares during the period. Mesirow Financial Investment Management Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 12,674 shares of the company’s stock valued at $1,283,000 after purchasing an additional 104 shares during the period. Evergreen Capital Management LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.6% in the second quarter. Evergreen Capital Management LLC now owns 16,518 shares of the company’s stock valued at $1,603,000 after purchasing an additional 105 shares during the period. Howe & Rusling Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 2.4% in the third quarter. Howe & Rusling Inc. now owns 4,414 shares of the company’s stock valued at $447,000 after buying an additional 105 shares during the last quarter. Finally, Bank Hapoalim BM lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.2% in the second quarter. Bank Hapoalim BM now owns 8,782 shares of the company’s stock valued at $852,000 after buying an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

NYSEARCA AGG opened at $97.74 on Friday. The firm’s 50-day moving average is $99.47 and its two-hundred day moving average is $98.73. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month high of $102.04.

About iShares Core U.S. Aggregate Bond ETF

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.