Florida Trust Wealth Management Co Has $24.33 Million Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Florida Trust Wealth Management Co boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,616 shares of the company’s stock after buying an additional 17,303 shares during the period. Florida Trust Wealth Management Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,332,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after acquiring an additional 1,911,414 shares during the period. Bank of America Corp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after purchasing an additional 2,423,410 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after purchasing an additional 4,942,715 shares in the last quarter. Betterment LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% in the 3rd quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock worth $2,462,990,000 after purchasing an additional 1,500,630 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 8.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,621,070 shares of the company’s stock valued at $1,962,495,000 after purchasing an additional 1,507,215 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.23 on Friday. The firm has a fifty day simple moving average of $100.01 and a two-hundred day simple moving average of $100.19. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.15 and a 12 month high of $101.46. The firm has a market capitalization of $138.60 billion, a PE ratio of 124.57 and a beta of 0.25.

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.