Carnegie Investment Counsel Lowers Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Carnegie Investment Counsel lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,316 shares of the company’s stock after selling 788 shares during the period. Carnegie Investment Counsel’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of AGG. Raymond James & Associates lifted its position 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 valued at $6,667,630,000 after acquiring an additional 2,640,524 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake 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 buying an additional 2,209,020 shares during the last quarter. US Bancorp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 9.3% in the first quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $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% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after buying an additional 2,455,461 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock valued at $1,387,063,000 after acquiring an additional 167,309 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock traded up $0.16 during trading on Wednesday, hitting $100.69. The stock had a trading volume of 1,758,154 shares, compared to its average volume of 8,029,767. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $100.89. The firm’s fifty day simple moving average is $98.39 and its 200-day simple moving average is $97.37.

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.