Apollon Wealth Management LLC Decreases Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Apollon Wealth Management LLC reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 83.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,450 shares of the company’s stock after selling 286,485 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,577,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AGG. Raymond James & Associates increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after purchasing an additional 2,640,524 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 5.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock valued at $4,047,595,000 after purchasing an additional 2,209,020 shares during the last quarter. US Bancorp DE lifted its position in iShares Core U.S. Aggregate Bond ETF by 9.3% during the first quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock valued at $3,104,615,000 after purchasing an additional 2,691,016 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares during the last quarter. Finally, Northern Trust Corp lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock valued at $1,387,063,000 after purchasing an additional 167,309 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded up $0.11 during trading on Monday, hitting $100.23. 4,689,516 shares of the company’s stock traded hands, compared to its average volume of 8,085,011. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $100.89. The business has a fifty day simple moving average of $98.24 and a 200 day simple moving average of $97.35.

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.