Envestnet Portfolio Solutions Inc. Sells 1,486,386 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Envestnet Portfolio Solutions Inc. reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.6% in the second quarter, Holdings Channel reports. The institutional investor owned 15,739,844 shares of the company’s stock after selling 1,486,386 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 5.3% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 2nd largest holding. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,527,867,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AGG. CGN Advisors LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.4% in the 1st quarter. CGN Advisors LLC now owns 25,898 shares of the company’s stock worth $2,536,000 after purchasing an additional 107 shares in the last quarter. Ruedi Wealth Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 44.8% in the 1st quarter. Ruedi Wealth Management Inc. now owns 346 shares of the company’s stock valued at $34,000 after acquiring an additional 107 shares during the last quarter. Cambridge Advisors Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.7% during the 2nd quarter. Cambridge Advisors Inc. now owns 6,458 shares of the company’s stock valued at $627,000 after acquiring an additional 108 shares during the period. Vestor Capital LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 23.1% during the 4th quarter. Vestor Capital LLC now owns 613 shares of the company’s stock worth $61,000 after acquiring an additional 115 shares during the last quarter. Finally, Alpha Financial Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 2.5% in the 4th quarter. Alpha Financial Advisors LLC now owns 4,820 shares of the company’s stock worth $478,000 after acquiring an additional 119 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock traded up $0.18 during mid-day trading on Wednesday, reaching $100.30. The stock had a trading volume of 9,858,836 shares, compared to its average volume of 8,113,404. The stock’s 50-day moving average price is $98.13 and its two-hundred day moving average price is $97.34. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $100.89.

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.