Orion Porfolio Solutions LLC Acquires 180,075 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Orion Porfolio Solutions LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,110,392 shares of the company’s stock after acquiring an additional 180,075 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 0.9% of Orion Porfolio Solutions LLC’s portfolio, making the stock its 14th largest holding. Orion Porfolio Solutions LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $111,317,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AGG. Angeles Investment Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at $29,000. Collier Financial bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $31,000. JCIC Asset Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $32,000. Finally, Evolution Wealth Management Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $40,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $100.53 on Thursday. The firm has a market cap of $138.93 billion, a PE ratio of 124.57 and a beta of 0.25. The firm has a fifty day moving average price of $100.32 and a 200 day moving average price of $100.24. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.46.

iShares Core U.S. Aggregate Bond ETF 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.