Smithfield Trust Co Boosts Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Smithfield Trust Co lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 21.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 278,688 shares of the company’s stock after acquiring an additional 48,570 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.4% 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 $28,235,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its stake in iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after buying an additional 2,376,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after acquiring an additional 4,641,016 shares during the last quarter. US Bancorp DE increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after acquiring an additional 3,717,053 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after acquiring an additional 1,704,132 shares in the last quarter. Finally, Creative Planning raised its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% in the second quarter. Creative Planning now owns 12,959,116 shares of the company’s stock worth $1,257,941,000 after buying an additional 318,944 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $97.79 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The business has a fifty day moving average price of $99.55 and a 200 day moving average price of $98.73.

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.