Essex Financial Services Inc. Cuts Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Essex Financial Services Inc. cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 99.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,394 shares of the company’s stock after selling 279,516 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $232,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $26,000. ST Germain D J Co. Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1,020.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $33,000. Bank of New Hampshire boosted its stake in iShares Core U.S. Aggregate Bond ETF by 71.7% during the 4th quarter. Bank of New Hampshire now owns 455 shares of the company’s stock worth $44,000 after purchasing an additional 190 shares during the last quarter. Finally, POM Investment Strategies LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $45,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $97.34 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The company’s 50-day moving average price is $97.24 and its 200-day moving average price is $98.83.

iShares Core U.S. Aggregate Bond ETF Company Profile

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.