Bryn Mawr Trust Advisors LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Bryn Mawr Trust Advisors LLC boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 45.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 239,690 shares of the company’s stock after acquiring an additional 74,921 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.2% of Bryn Mawr Trust Advisors LLC’s portfolio, making the stock its 17th largest holding. Bryn Mawr Trust Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $23,794,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AGG. Valley National Advisers Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. Blueline Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. First Command Advisory Services Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after buying an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $29,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $97.71 on Tuesday. The company has a market cap of $137.76 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average price is $98.62 and its two-hundred day moving average price is $99.45. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 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.