Enterprise Bank & Trust Co Has $26.96 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Enterprise Bank & Trust Co grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,183 shares of the company’s stock after purchasing an additional 9,887 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 8.7% of Enterprise Bank & Trust Co’s investment portfolio, making the stock its largest holding. Enterprise Bank & Trust Co’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,956,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Oliver Lagore Vanvalin Investment Group grew its stake in iShares Core U.S. Aggregate Bond ETF by 162.9% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after purchasing an additional 158 shares during the period. First Community Trust NA purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $25,000. Vima LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $27,000. Lynx Investment Advisory bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $28,000. Finally, Atlas Capital Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $99.53 on Thursday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $102.04. The firm’s 50-day simple moving average is $100.65 and its two-hundred day simple moving average is $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.