Ritholtz Wealth Management Buys 79,849 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Ritholtz Wealth Management raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.4% in the third quarter, Holdings Channel reports. The firm owned 1,152,137 shares of the company’s stock after acquiring an additional 79,849 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.2% of Ritholtz Wealth Management’s investment portfolio, making the stock its 11th biggest position. Ritholtz Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $115,502,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AGG. Angeles Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $26,000. North Ridge Wealth Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth about $29,000. Evolution Wealth Management Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $40,000. Transce3nd LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 509.3% during the third quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock worth $53,000 after purchasing an additional 438 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of NYSEARCA AGG opened at $100.22 on Friday. The business’s 50 day moving average price is $100.16 and its two-hundred day moving average price is $99.80. The company has a market cap of $136.83 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 $96.15 and a twelve month high of $101.35.

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.