iShares Core U.S. Aggregate Bond ETF $AGG is Envestnet Portfolio Solutions Inc.’s Largest Position

Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,959,615 shares of the company’s stock after purchasing an additional 2,093,359 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 6.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its biggest position. Envestnet Portfolio Solutions Inc. owned about 1.46% of iShares Core U.S. Aggregate Bond ETF worth $1,880,794,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of AGG. Brighton Jones LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after acquiring an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares in the last quarter. GAMMA Investing LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $842,000. Everhart Financial Group Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $352,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,197,862 shares of the company’s stock valued at $1,503,372,000 after acquiring an additional 862,965 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.4%

Shares of NYSEARCA AGG opened at $100.43 on Monday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.02. The stock has a market cap of $132.75 billion, a PE ratio of 124.57 and a beta of 0.12. The company has a 50-day moving average of $99.76 and a 200 day moving average of $98.68.

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.