Orion Porfolio Solutions LLC Boosts Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Orion Porfolio Solutions LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 26.5% during the second quarter, Holdings Channel reports. The institutional investor owned 930,317 shares of the company’s stock after buying an additional 195,142 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 0.8% of Orion Porfolio Solutions LLC’s holdings, making the stock its 16th largest position. Orion Porfolio Solutions LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $92,287,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Angeles Investment Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $26,000. North Ridge Wealth Advisors Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $29,000. Transce3nd LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 84.7% in the second quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares in the last quarter. IMA Advisory Services Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $60,000. Finally, Semmax Financial Advisors Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 1,966.7% in the first quarter. Semmax Financial Advisors Inc. now owns 620 shares of the company’s stock valued at $61,000 after purchasing an additional 590 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3%

Shares of NYSEARCA:AGG opened at $99.81 on Friday. The company has a market capitalization of $134.31 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.35. The firm has a 50 day simple moving average of $100.44 and a 200-day simple moving average of $99.47.

About iShares Core U.S. Aggregate Bond ETF

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.