Davidson Trust Co. Has $2.42 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Davidson Trust Co. raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.3% in the fourth quarter, Holdings Channel reports. The fund owned 24,408 shares of the company’s stock after acquiring an additional 1,665 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 1.6% of Davidson Trust Co.’s portfolio, making the stock its 18th biggest position. Davidson Trust Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,423,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% during the third quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after buying an additional 2,551,739 shares during the period. Raymond James & Associates boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% during the fourth 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 period. Moneta Group Investment Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 90,331.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 62,881,813 shares of the company’s stock worth $6,098,907,000 after buying an additional 62,812,278 shares during the period. Wells Fargo & Company MN boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.5% during the second quarter. Wells Fargo & Company MN now owns 53,976,561 shares of the company’s stock worth $5,287,004,000 after buying an additional 780,036 shares during the period. Finally, US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.9% during the third quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock valued at $2,438,642,000 after purchasing an additional 2,346,840 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG traded up $0.20 during trading hours on Friday, hitting $95.48. 3,520,748 shares of the company traded hands, compared to its average volume of 9,227,085. The business’s 50-day moving average is $97.12 and its 200-day moving average is $96.53. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $100.42.

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.