iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 12-Month Low – Here’s What Happened

Shares of iShares Core International Aggregate Bond ETF (BATS:IAGG) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $49.58 and last traded at $49.78, with a volume of 785439 shares traded. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Performance

The stock has a 50-day simple moving average of $51.10 and a 200 day simple moving average of $51.23.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of IAGG. Transcendent Capital Group LLC raised its position in iShares Core International Aggregate Bond ETF by 31.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 2,202 shares of the company’s stock worth $114,000 after buying an additional 531 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in iShares Core International Aggregate Bond ETF by 446.8% in the second quarter. Sunbelt Securities Inc. now owns 4,385 shares of the company’s stock valued at $219,000 after purchasing an additional 3,583 shares during the last quarter. Retirement Investment Advisors Inc. acquired a new stake in iShares Core International Aggregate Bond ETF during the 2nd quarter worth about $392,000. Finley Financial LLC purchased a new position in shares of iShares Core International Aggregate Bond ETF during the 4th quarter valued at about $573,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 3.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 12,279 shares of the company’s stock valued at $613,000 after buying an additional 451 shares during the period.

About iShares Core International Aggregate Bond ETF

The iShares Core International Aggregate Bond ETF (IAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of global non-U.S. dollar denominated investment grade bonds, hedged against currency fluctuations for USD investors. IAGG was launched on Nov 10, 2015 and is managed by BlackRock.