Christensen King & Associates Investment Services Inc. Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Christensen King & Associates Investment Services Inc. cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 22,814 shares of the company’s stock after selling 1,365 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.1% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 21st biggest holding. Christensen King & Associates Investment Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,310,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 162.9% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after purchasing an additional 158 shares during the last quarter. ST Germain D J Co. Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,020.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock worth $28,000 after purchasing an additional 255 shares during the last quarter. Lynx Investment Advisory acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $28,000. Atlas Capital Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $29,000. Finally, Wagner Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 30,500.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock valued at $31,000 after acquiring an additional 305 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 Trading Up 0.1 %

AGG traded up $0.06 during trading on Tuesday, hitting $98.89. The company’s stock had a trading volume of 8,086,944 shares, compared to its average volume of 7,894,672. The firm’s 50 day moving average price is $100.63 and its 200-day moving average price is $98.37. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve 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.