Webster Bank N. A. Has $15.27 Million Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Webster Bank N. A. reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 154,317 shares of the company’s stock after selling 4,797 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.7% of Webster Bank N. A.’s holdings, making the stock its 10th biggest holding. Webster Bank N. A.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,265,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bradley & Co. Private Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Greenline Partners LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $31,000. Newbridge Financial Services Group Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $33,000. Bank of Jackson Hole Trust bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $43,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.4%

iShares Core U.S. Aggregate Bond ETF stock opened at $97.86 on Friday. The company has a market capitalization of $123.30 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.63 and a 12 month high of $102.04. The stock has a 50-day moving average price of $97.95 and a two-hundred day moving average price of $97.82.

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.