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

Smithfield Trust Co grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 394,323 shares of the company’s stock after buying an additional 27,068 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.7% of Smithfield Trust Co’s portfolio, making the stock its 17th largest holding. Smithfield Trust Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,325,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AGG. Valley National Advisers Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. Cresta Advisors Ltd. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $25,000. Wiser Advisor Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $29,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $29,000. Finally, Collier Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $31,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $98.44 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.08 and a 52 week high of $101.46. The stock has a market capitalization of $134.50 billion, a P/E ratio of 124.57 and a beta of 0.26. The firm has a fifty day simple moving average of $99.07 and a two-hundred day simple moving average of $99.83.

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.