Rialto Wealth Management LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Rialto Wealth Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,219 shares of the company’s stock, valued at approximately $1,765,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bradley & Co. Private Wealth Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $33,000. Bank of Jackson Hole Trust bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $43,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $98.35 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 market capitalization of $123.92 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The firm’s fifty day moving average price is $97.42 and its two-hundred day moving average price is $98.68.

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.