Waterway Wealth Management LLC Makes New $756,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Waterway Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,619 shares of the company’s stock, valued at approximately $756,000. iShares Core U.S. Aggregate Bond ETF accounts for about 0.2% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 191.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 294 shares of the company’s stock valued at $29,000 after acquiring an additional 193 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $34,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $35,000. First Manhattan Co. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 697.9% during the 4th quarter. First Manhattan Co. now owns 375 shares of the company’s stock valued at $36,000 after acquiring an additional 328 shares during the last quarter. Finally, VitalStone Financial LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $38,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG traded up $0.10 on Tuesday, reaching $97.74. 8,830,451 shares of the company traded hands, compared to its average volume of 8,908,439. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $100.98. The company’s 50 day moving average is $97.71 and its 200-day moving average is $96.35.

iShares Core U.S. Aggregate Bond ETF Company 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.