Webster Bank N. A. Has $13.89 Million Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Webster Bank N. A. boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 141,785 shares of the company’s stock after purchasing an additional 9,739 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.6% of Webster Bank N. A.’s investment portfolio, making the stock its 10th biggest holding. Webster Bank N. A.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $13,886,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AGG. Truist Financial Corp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 15.2% during the fourth quarter. Truist Financial Corp now owns 6,382,581 shares of the company’s stock valued at $633,471,000 after acquiring an additional 840,304 shares in the last quarter. Cherry Tree Wealth Management LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 26.4% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 32,582 shares of the company’s stock worth $3,234,000 after buying an additional 6,799 shares in the last quarter. Consolidated Planning Corp bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $225,000. JMG Financial Group Ltd. raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.8% in the fourth quarter. JMG Financial Group Ltd. now owns 14,374 shares of the company’s stock worth $1,427,000 after buying an additional 258 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $35,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG traded down $0.48 during trading hours on Friday, reaching $97.07. The company’s stock had a trading volume of 12,781,548 shares, compared to its average volume of 5,640,711. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $99.70. The stock has a 50 day moving average price of $96.67 and a two-hundred day moving average price of $97.38.

iShares Core U.S. Aggregate Bond ETF Company 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.