Haverford Trust Co Cuts Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Haverford Trust Co trimmed its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,758 shares of the company’s stock after selling 455 shares during the period. Haverford Trust Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $655,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AGG. Prudential Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 13.0% in the 4th quarter. Prudential Financial Inc. now owns 7,553,615 shares of the company’s stock worth $731,945,000 after buying an additional 871,207 shares during the last quarter. Sequent Planning LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 12.1% in the fourth quarter. Sequent Planning LLC now owns 9,719 shares of the company’s stock valued at $942,000 after buying an additional 1,050 shares during the last quarter. Towercrest Capital Management lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8.4% in the fourth quarter. Towercrest Capital Management now owns 372,192 shares of the company’s stock worth $36,065,000 after buying an additional 28,750 shares in the last quarter. Sheets Smith Investment Management acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $2,371,000. Finally, Congress Wealth Management LLC DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.0% during the fourth quarter. Congress Wealth Management LLC DE now owns 106,918 shares of the company’s stock worth $10,360,000 after acquiring an additional 1,052 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.36 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The stock has a market cap of $124.92 billion, a PE ratio of 125.34 and a beta of 0.22. The stock has a 50 day moving average price of $97.85 and a 200 day moving average price of $98.49.

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.