Summit Financial LLC Sells 234 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Summit Financial LLC lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,168 shares of the company’s stock after selling 234 shares during the quarter. Summit Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,292,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after acquiring an additional 2,551,739 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% in the 4th quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock worth $6,258,826,000 after buying an additional 1,072,797 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 3rd quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock worth $2,438,642,000 after buying an additional 2,346,840 shares during the last quarter. Morgan Stanley lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.8% during the third quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock valued at $2,357,676,000 after purchasing an additional 440,988 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 120.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock valued at $1,706,332,000 after purchasing an additional 9,923,920 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded up $0.05 during midday trading on Wednesday, hitting $95.28. 11,017,672 shares of the company traded hands, compared to its average volume of 9,285,610. The stock has a 50-day moving average of $96.83 and a 200-day moving average of $96.70. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $100.42. The firm has a market cap of $104.81 billion, a P/E ratio of 121.52 and a beta of 0.17.

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.