Davidson Trust Co. Has $2.68 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Davidson Trust Co. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 22.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,968 shares of the company’s stock after acquiring an additional 4,881 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.2% of Davidson Trust Co.’s investment portfolio, making the stock its 21st biggest position. Davidson Trust Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,675,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Briaud Financial Planning Inc bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at about $25,000. MTM Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $37,000. AlphaCore Capital LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $40,000. Atlas Capital Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 66.7% during the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after buying an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $56,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.78 on Wednesday. The company has a market capitalization of $133.21 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.02. The firm’s 50-day moving average price is $99.82 and its two-hundred day moving average price is $98.70.

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.