Rik Saylor Financial Inc. Takes $2.62 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Rik Saylor Financial Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 27,074 shares of the company’s stock, valued at approximately $2,623,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.4% of Rik Saylor Financial Inc.’s holdings, making the stock its 11th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oakworth Capital Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 788.1% in the 4th quarter. Oakworth Capital Inc. now owns 3,792 shares of the company’s stock worth $367,000 after purchasing an additional 3,365 shares during the period. McHugh Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $202,000. Buck Wealth Strategies LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 60.7% during the 4th quarter. Buck Wealth Strategies LLC now owns 177,669 shares of the company’s stock valued at $17,216,000 after buying an additional 67,126 shares during the last quarter. Greenspring Advisors LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 14.6% during the 4th quarter. Greenspring Advisors LLC now owns 270,044 shares of the company’s stock valued at $26,167,000 after buying an additional 34,410 shares during the period. Finally, Financial Advocates Investment Management grew its holdings in iShares Core U.S. Aggregate Bond ETF by 7.2% in the 4th quarter. Financial Advocates Investment Management now owns 182,731 shares of the company’s stock worth $17,707,000 after acquiring an additional 12,291 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $97.87 on Thursday. The firm’s 50-day moving average price is $97.40 and its two-hundred day moving average price is $98.86. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04.

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.