Arista Wealth Management LLC Buys New Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Arista Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 2nd quarter, HoldingsChannel reports. The firm purchased 37,355 shares of the company’s stock, valued at approximately $3,626,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.0% of Arista Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the business. First Community Trust NA purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $25,000. Vima LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $27,000. Lynx Investment Advisory acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $28,000. Atlas Capital Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth $29,000. Finally, Elevate Wealth Advisory Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $31,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $101.49 on Friday. The stock has a 50-day moving average price of $100.01 and a 200 day moving average price of $97.96. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year 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.