Fiduciary Trust Co Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Fiduciary Trust Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,427 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors also recently modified their holdings of the company. Raymond James & Associates lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.5% during the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after purchasing an additional 2,376,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second 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 boosted its holdings 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 position in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock valued at $1,857,893,000 after purchasing an additional 1,704,132 shares during the last quarter. Finally, Creative Planning increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the second quarter. Creative Planning now owns 12,959,116 shares of the company’s stock worth $1,257,941,000 after purchasing an additional 318,944 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $99.20 on Monday. The business has a fifty day simple moving average of $99.10 and a 200 day simple moving average of $98.85. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

iShares Core U.S. Aggregate Bond ETF 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.