iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Envestnet Portfolio Solutions Inc.’s 2nd Largest Position

Envestnet Portfolio Solutions Inc. cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,681,363 shares of the company’s stock after selling 2,164,617 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 5.3% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 2nd largest holding. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,616,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Diversified Enterprises LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.6% during the fourth quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock valued at $11,832,000 after buying an additional 7,526 shares during the period. Professional Financial Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the 4th quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock valued at $64,413,000 after acquiring an additional 8,242 shares during the last quarter. Fairvoy Private Wealth LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $12,479,000. Kingsview Wealth Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 35.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,286,651 shares of the company’s stock worth $124,676,000 after purchasing an additional 339,637 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 6.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 5,724 shares of the company’s stock valued at $580,000 after purchasing an additional 340 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $98.28 on Friday. The firm has a 50 day simple moving average of $97.58 and a two-hundred day simple moving average of $98.59. The stock has a market cap of $124.82 billion, a PE ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04.

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.