Rockland Trust Co. Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Rockland Trust Co. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 33,583 shares of the company’s stock, valued at approximately $3,367,000.

Several other institutional investors and hedge funds have also modified their holdings of AGG. Envestnet Asset Management Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after purchasing an additional 5,728,914 shares during the period. Nisa Investment Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $395,573,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,959,615 shares of the company’s stock valued at $1,880,794,000 after buying an additional 2,093,359 shares during the period. United Services Automobile Association grew its position in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after buying an additional 2,069,200 shares in the last quarter. Finally, Bank of America Corp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock worth $4,355,153,000 after buying an additional 1,915,497 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $100.16 on Tuesday. The firm has a market cap of $138.42 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average price is $100.03 and its two-hundred day moving average price is $100.02. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.35.

iShares Core U.S. Aggregate Bond ETF 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.