Caldwell Trust Co Invests $10.57 Million in iShares Core U.S. Aggregate Bond ETF $AGG

Caldwell Trust Co purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 106,508 shares of the company’s stock, valued at approximately $10,566,000. iShares Core U.S. Aggregate Bond ETF makes up 1.1% of Caldwell Trust Co’s investment portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Canal Capital Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 56.6% during the second quarter. Canal Capital Management LLC now owns 36,996 shares of the company’s stock valued at $3,670,000 after buying an additional 13,379 shares during the period. American Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $682,000. Centaurus Financial Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 12.7% during the second quarter. Centaurus Financial Inc. now owns 3,026 shares of the company’s stock valued at $300,000 after acquiring an additional 340 shares in the last quarter. Midwestern Financial LLC IA bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $7,509,000. Finally, Orion Porfolio Solutions LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 26.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 930,317 shares of the company’s stock worth $92,287,000 after purchasing an additional 195,142 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $99.81 on Monday. The company has a fifty day moving average price of $100.44 and a 200-day moving average price of $99.49. The firm has a market capitalization of $134.31 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35.

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.