Envestnet Asset Management Inc. Has $4.26 Billion Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Envestnet Asset Management Inc. trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,049,494 shares of the company’s stock after selling 1,525,676 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 0.6% of Envestnet Asset Management Inc.’s portfolio, making the stock its 22nd largest holding. Envestnet Asset Management Inc. owned approximately 3.01% of iShares Core U.S. Aggregate Bond ETF worth $4,260,981,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares during the period. Valpey Financial Services LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 9,942.1% in the 4th quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock valued at $286,938,000 after purchasing an additional 2,844,222 shares during the period. Russell Investments Group Ltd. grew its position in iShares Core U.S. Aggregate Bond ETF by 90,400,033.3% in the 4th quarter. Russell Investments Group Ltd. now owns 2,712,004 shares of the company’s stock worth $270,875,000 after purchasing an additional 2,712,001 shares during the last quarter. Empower Annuity Insurance Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $267,968,630,000. Finally, LPL Financial LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 19.6% during the 4th quarter. LPL Financial LLC now owns 14,085,361 shares of the company’s stock worth $1,406,846,000 after purchasing an additional 2,304,418 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG traded down $0.84 on Wednesday, hitting $95.41. 17,280,449 shares of the company were exchanged, compared to its average volume of 9,201,010. The company’s 50 day moving average price is $97.23 and its two-hundred day moving average price is $98.35. The firm has a market capitalization of $136.56 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.25 and a one year high of $101.46.

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.