Private Trust Co. NA Reduces Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Private Trust Co. NA lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 44,113 shares of the company’s stock after selling 658 shares during the period. Private Trust Co. NA’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,275,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $33,000. Bank of Jackson Hole Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $43,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.81 on Friday. The firm has a market capitalization of $124.50 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The company has a 50 day moving average price of $97.18 and a 200 day moving average price of $98.73. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04.

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.