Advisortrust Partners LLC Invests $529,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Advisortrust Partners LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, Holdings Channel reports. The firm bought 5,300 shares of the company’s stock, valued at approximately $529,000.

Several other large investors have also added to or reduced their stakes in AGG. Raymond James Financial Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% during the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after purchasing an additional 7,411,242 shares in the last quarter. US Bancorp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after buying an additional 489,837 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock valued at $3,621,605,000 after buying an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley grew its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% during the fourth quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after buying an additional 1,245,217 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.90 on Friday. The company has a market capitalization of $135.13 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock has a fifty day simple moving average of $98.90 and a 200 day simple moving average of $99.61. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-month high of $101.46.

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.