Orrstown Financial Services Inc. Has $2.06 Million Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Orrstown Financial Services Inc. lessened its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,821 shares of the company’s stock after selling 1,026 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 0.5% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 27th largest holding. Orrstown Financial Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Greenline Partners LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $31,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $33,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.28 on Friday. The company has a market capitalization of $123.55 billion, a price-to-earnings ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $102.04. The business’s 50-day moving average is $97.84 and its 200-day moving average is $97.82.

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.