Washington Trust Co increased its investment in the iShares Core U.S. Aggregate Bond ETF (NYSEARCA: AGG) by 4.1% during the third quarter, as reported in its most recent Form 13F filing with the U.S. Securities and Exchange Commission (SEC). The institutional investor now holds 167,012 shares of the ETF, acquiring an additional 6,534 shares during this period, bringing the total value of its holdings to approximately $16,743,000.
Other institutional investors have also adjusted their positions in the iShares Core U.S. Aggregate Bond ETF. For instance, Rothschild Investment LLC raised its stake by 4.4% in the same quarter, now owning 2,441 shares valued at about $245,000 after purchasing an additional 102 shares.
Other Institutional Investments
Woodside Wealth Management LLC expanded its investment by 1.7%, bringing its total to 6,241 shares worth $626,000 after acquiring an additional 104 shares. Similarly, Fiera Capital Corp increased its holding by 1.1% during the second quarter, now owning 9,815 shares valued at $974,000 after purchasing another 105 shares.
Realta Investment Advisors also boosted its stake in the ETF by 0.9%, now holding 11,327 shares worth $1,135,000 following an additional 105 shares purchase. Lastly, Pathway Financial Advisors LLC increased its position by 0.8%, owning 14,255 shares valued at $1,429,000 after acquiring 109 shares in the last quarter.
Overall, hedge funds and other institutional investors own a significant 83.63% of the iShares Core U.S. Aggregate Bond ETF’s stock, indicating strong confidence in this investment vehicle.
Market Performance Insights
As of Monday, shares of the iShares Core U.S. Aggregate Bond ETF opened at $101.40. The ETF has a market capitalization of $140.13 billion, a price-to-earnings (P/E) ratio of 124.57, and a beta of 0.25. Its performance has shown stability, with a 50-day simple moving average of $100.27 and a 200-day simple moving average of $100.22. The ETF has experienced a 12-month low of $96.15 and a high of $101.46.
The iShares ETFs are index funds traded similarly to common stocks on national and certain foreign exchanges. Their appeal lies in their low costs, tax efficiency, and flexibility in trading. Investors can buy and sell shares through various brokerage firms and hold them in any type of brokerage account, making them accessible to a wide range of investors.
For those interested in further details on positions held by hedge funds in the iShares Core U.S. Aggregate Bond ETF, updated information can be found through platforms like HoldingsChannel.com, which tracks the latest 13F filings and insider trades.
