Envestnet Asset Management Inc. Has $5 Billion Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Envestnet Asset Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,597,816 shares of the company’s stock after acquiring an additional 2,718,705 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 1.6% of Envestnet Asset Management Inc.’s holdings, making the stock its 5th largest holding. Envestnet Asset Management Inc. owned about 4.16% of iShares Core U.S. Aggregate Bond ETF worth $4,999,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Braun Bostich & Associates Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock valued at $245,000 after purchasing an additional 109 shares during the period. Wealth Advisors of Tampa Bay LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 4.9% during the 4th quarter. Wealth Advisors of Tampa Bay LLC now owns 2,397 shares of the company’s stock valued at $232,000 after purchasing an additional 112 shares in the last quarter. Vestia Personal Wealth Advisors lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% in the 4th quarter. Vestia Personal Wealth Advisors now owns 2,493 shares of the company’s stock worth $242,000 after buying an additional 121 shares during the period. Mount Yale Investment Advisors LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.5% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 8,246 shares of the company’s stock worth $799,000 after buying an additional 122 shares in the last quarter. Finally, Cadent Capital Advisors LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.0% during the fourth quarter. Cadent Capital Advisors LLC now owns 2,172 shares of the company’s stock valued at $210,000 after buying an additional 123 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $99.46 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The company has a 50-day moving average of $98.21 and a 200 day moving average of $98.36. The firm has a market cap of $126.31 billion, a PE ratio of 126.17 and a beta of 0.24.

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.