Webster Bank N. A. Buys 3,322 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Webster Bank N. A. grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,915 shares of the company’s stock after acquiring an additional 3,322 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 1.3% of Webster Bank N. A.’s holdings, making the stock its 13th biggest position. Webster Bank N. A.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of AGG. Compagnie Lombard Odier SCmA acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $31,000. First Manhattan Co. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 697.9% during the 4th quarter. First Manhattan Co. now owns 375 shares of the company’s stock worth $36,000 after buying an additional 328 shares during the period. Activest Wealth Management acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $37,000. GPS Wealth Strategies Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $37,000. Finally, Nordwand Advisors LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $38,000. 83.21% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock traded down $0.13 during mid-day trading on Tuesday, hitting $95.50. 3,031,331 shares of the company were exchanged, compared to its average volume of 7,188,762. The firm’s 50 day simple moving average is $96.58 and its 200 day simple moving average is $97.93. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.20 and a 1-year high of $101.15.

iShares Core U.S. Aggregate Bond ETF Company 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.