Orion Portfolio Solutions LLC Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Orion Portfolio Solutions LLC raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.4% during the 4th quarter, HoldingsChannel reports. The firm owned 783,839 shares of the company’s stock after acquiring an additional 92,836 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 0.9% of Orion Portfolio Solutions LLC’s portfolio, making the stock its 11th biggest position. Orion Portfolio Solutions LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $77,263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. First Pacific Financial purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Cetera Trust Company N.A purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $28,000. Arlington Trust Co LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $33,000. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $35,000. Finally, Keener Financial Planning LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $35,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock traded up $0.11 during midday trading on Friday, hitting $96.58. 3,067,393 shares of the stock were exchanged, compared to its average volume of 8,744,799. The stock’s 50-day moving average price is $96.46 and its 200-day moving average price is $97.09. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $99.70.

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.