Institutional investors increased Rio Tinto's stake in Q2, with major buys by Columbus Macro and Pacific Heights.

Institutional investors increased their stake in Rio Tinto PLC during the second quarter, with Columbus Macro LLC buying 27,606 shares and Pacific Heights Asset Management LLC adding 225,000 shares. Castle Rock Wealth Management and Cohen Investment Advisors also adjusted their holdings, while Northern Trust Corp raised its position. The stock opened at $67.66, trading within a 52-week range of $51.67 to $68.18, with a market cap of $84.86 billion, a 6.20% dividend yield, and a consensus "Moderate Buy" rating.