iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 12-Month Low – What’s Next?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $49.58 and last traded at $50.00, with a volume of 785439 shares. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Up 1.2 %

The company’s 50 day moving average price is $50.89 and its two-hundred day moving average price is $51.24.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IAGG. JPMorgan Chase & Co. increased its stake in shares of iShares Core International Aggregate Bond ETF by 86.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,911,738 shares of the company’s stock worth $669,086,000 after purchasing an additional 5,973,001 shares in the last quarter. WealthNavi Inc. grew its holdings in iShares Core International Aggregate Bond ETF by 33.4% during the third quarter. WealthNavi Inc. now owns 2,092,315 shares of the company’s stock valued at $108,424,000 after purchasing an additional 523,529 shares during the period. Aspect Partners LLC increased its position in iShares Core International Aggregate Bond ETF by 18.5% in the third quarter. Aspect Partners LLC now owns 150,726 shares of the company’s stock worth $7,811,000 after buying an additional 23,578 shares in the last quarter. BIP Wealth LLC raised its stake in shares of iShares Core International Aggregate Bond ETF by 10.8% in the third quarter. BIP Wealth LLC now owns 159,230 shares of the company’s stock worth $8,252,000 after buying an additional 15,460 shares during the period. Finally, Finley Financial LLC bought a new position in shares of iShares Core International Aggregate Bond ETF in the fourth quarter worth about $573,000.

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.