Envestnet Asset Management Inc. Lowers Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Envestnet Asset Management Inc. lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 35.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,061,214 shares of the company’s stock after selling 19,157,112 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 1.0% of Envestnet Asset Management Inc.’s holdings, making the stock its 16th biggest position. Envestnet Asset Management Inc. owned about 2.61% of iShares Core U.S. Aggregate Bond ETF worth $3,514,887,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of 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 worth $884,000 after buying an additional 3,044 shares during the period. Appleton Partners Inc. MA grew its stake in iShares Core U.S. Aggregate Bond ETF by 10.5% in the 2nd quarter. Appleton Partners Inc. MA now owns 2,303 shares of the company’s stock valued at $228,000 after acquiring an additional 218 shares during the period. Duncan Williams Asset Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $246,000. Finally, SteelPeak Wealth LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 4.9% in the 2nd quarter. SteelPeak Wealth LLC now owns 4,208 shares of the company’s stock worth $417,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.0%

AGG opened at $99.70 on Wednesday. The firm’s fifty day simple moving average is $100.09 and its two-hundred day simple moving average is $99.98. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.35. The company has a market cap of $137.69 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.