Adirondack Trust Co. Cuts Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Adirondack Trust Co. lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 34,767 shares of the company’s stock after selling 1,545 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 1.4% of Adirondack Trust Co.’s holdings, making the stock its 18th biggest position. Adirondack Trust Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,521,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGG. Raymond James & Associates lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% during the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after buying an additional 2,640,524 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 5.8% in the second quarter. US Bancorp DE now owns 33,543,687 shares of the company’s stock worth $3,256,099,000 after purchasing an additional 1,844,683 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in iShares Core U.S. Aggregate Bond ETF by 9.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after buying an additional 1,704,132 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after buying an additional 2,455,461 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3 %

iShares Core U.S. Aggregate Bond ETF stock opened at $99.53 on Thursday. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $102.04. The stock has a 50-day moving average of $100.65 and a two-hundred day moving average of $98.24.

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.