WASHINGTON TRUST Co Purchases New Stake in iShares Core U.S. Aggregate Bond ETF $AGG

WASHINGTON TRUST Co purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 172,468 shares of the company’s stock, valued at approximately $16,305,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empower Annuity Insurance Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $267,968,630,000. Bank of America Corp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% during the 1st quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock worth $1,142,930,000 after purchasing an additional 354,238 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after purchasing an additional 451,566 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after purchasing an additional 1,898,484 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of NYSEARCA:AGG traded down $0.16 on Friday, reaching $95.96. 7,446,518 shares of the company were exchanged, compared to its average volume of 9,589,422. The company has a 50-day moving average of $95.97 and a 200-day moving average of $97.64. The firm has a market cap of $139.32 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46.

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.