Smithfield Trust Co Raises Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Smithfield Trust Co increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 367,255 shares of the company’s stock after buying an additional 44,082 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 1.6% of Smithfield Trust Co’s holdings, making the stock its 17th biggest position. Smithfield Trust Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $36,839,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in AGG. WealthBridge Capital Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $360,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,618,735 shares of the company’s stock worth $1,164,778,000 after purchasing an additional 620,855 shares during the period. HTG Investment Advisors Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the third quarter. HTG Investment Advisors Inc. now owns 115,036 shares of the company’s stock valued at $11,532,000 after purchasing an additional 1,309 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 3.2% during the third quarter. PNC Financial Services Group Inc. now owns 9,425,011 shares of the company’s stock valued at $944,857,000 after purchasing an additional 296,385 shares during the period. Finally, Uniting Wealth Partners LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $253,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $100.99 on Monday. The company has a market capitalization of $139.57 billion, a P/E ratio of 124.57 and a beta of 0.25. The business has a fifty day simple moving average of $100.06 and a two-hundred day simple moving average of $100.08. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 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.