Country Club Bank Reduces Its Holdings in iShares Core U.S. Aggregate Bond ETF

On October 27, 2024, it was reported that Country Club Bank has reduced its investment in the iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG). During the third quarter, the bank sold 1,519 shares, which represents a 20.5% decrease in their holdings. Following this sale, Country Club Bank now owns a total of 5,905 shares of the ETF, valued at approximately $599,000 based on the latest reporting period.

Other institutional investors have also adjusted their stakes in the iShares Core U.S. Aggregate Bond ETF recently. For instance, the Oliver Lagore Vanvalin Investment Group increased its position by an impressive 162.9% in the second quarter, resulting in ownership of 255 shares worth $25,000 after acquiring an additional 158 shares. Similarly, ST Germain D J Co. Inc. significantly increased its holdings by 1,020.0% during the third quarter, bringing its total to 280 shares valued at $28,000 after buying 255 shares. Lynx Investment Advisory entered the market with a new investment worth $28,000 in the same quarter. Wagner Wealth Management LLC made notable strides as well, raising its holdings by a staggering 30,500.0% during the third quarter, now owning 306 shares valued at $31,000 after purchasing 305 more shares. Additionally, LRI Investments LLC acquired a new position in the ETF worth $34,000 during the first quarter. It is worth mentioning that institutional investors collectively own 83.63% of the ETF's shares.

iShares Core U.S. Aggregate Bond ETF Performance

The iShares Core U.S. Aggregate Bond ETF’s stock opened at $98.59. Over the past year, the ETF has experienced a low of $92.11 and a high of $102.04. The 50-day simple moving average is currently at $100.52, while the 200-day simple moving average stands at $98.41.

About iShares Core U.S. Aggregate Bond ETF

iShares funds, including the Core U.S. Aggregate Bond ETF, are index funds that investors can buy and sell like stocks on various securities exchanges. These funds are appealing to investors due to their low cost, tax efficiency, and the flexibility to trade. Investors can manage their purchases and sales through brokerage firms, financial advisors, or online platforms, holding the funds in any designated brokerage account.

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