Grove Bank & Trust Buys 760 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Grove Bank & Trust grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 54,898 shares of the company’s stock after purchasing an additional 760 shares during the quarter. Grove Bank & Trust’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,431,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AGG. Brighton Jones LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares during the last quarter. Vontobel Holding Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $594,000. Rhumbline Advisers increased its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% in the fourth quarter. Rhumbline Advisers now owns 474,364 shares of the company’s stock valued at $45,966,000 after acquiring an additional 29,024 shares during the last quarter. Finally, Pathway Financial Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 59.1% during the fourth quarter. Pathway Financial Advisors LLC now owns 13,598 shares of the company’s stock worth $1,318,000 after buying an additional 5,050 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $97.76 on Tuesday. The firm’s fifty day moving average price is $97.76 and its two-hundred day moving average price is $97.79. The stock has a market cap of $124.16 billion, a PE 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.

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.