Daymark Wealth Partners LLC Trims Position in iShares Core U.S. Aggregate Bond ETF

During the last quarter of the financial year, Daymark Wealth Partners LLC made a significant adjustment to its investment portfolio by reducing its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG), a notable fund offering investment in the U.S. bond market. This move was reflected in the firm's latest Form 13F filing with the Securities and Exchange Commission (SEC). Following a 9.0% decrease in its investment, Daymark Wealth Partners now controls 17,107 shares of the ETF, down from the 1,688 shares it had sold off.

This transaction decreased the firm's investment in the ETF to a value of approximately $1.70 million. The adjustment comes amid various hedge funds and institutional investors altering their positions in iShares Core U.S. Aggregate Bond ETF, which is a commonly tracked bond fund that embodies a broad range of U.S. bonds aimed at providing a comprehensive representation of the U.S. bond market.

Other Hedge Fund Activities

Other financial institutions have also been active in adjusting their holdings of the ETF. For instance, Aua Capital Management LLC increased its stake by 22.3%, Beacon Capital Management LLC by 44.6%, and Agincourt Capital Management LLC raised its investment slightly by 2.3%. &PARTNERS dramatically uplifted its share count in the ETF by 659.4%, while Ignite Planners LLC boosted its position by 11.5%. Overall, institutional investors and hedge funds hold the majority, at 83.21%, of the ETF's stock.

ETF Market Performance

The trading price of iShares Core U.S. Aggregate Bond ETF shares started at $97.10. The ETF has been fluctuating as indicated by its 50-day and 200-day moving averages, and it experienced a yearly low and high of $91.58 and $100.98, respectively.

Understanding iShares Core U.S. Aggregate Bond ETF

iShares Core U.S. Aggregate Bond ETF is designed for investors seeking to participate in the U.S. bond market. The fund is structured as an index fund that can be traded like a stock on various exchanges, providing flexibility, tax efficiency, and a lower cost alternative compared to other investment options. Its shares can be purchased through brokerage firms, financial advisors, or online platforms.

Keeping Up with Hedge Fund Movements

Investors and analysts looking to keep track of hedge fund positions and insider trades in ETFs like iShares Core U.S. Aggregate Bond ETF can access this information through services such as HoldingsChannel.com.

Daymark, iShares, ETF