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

iShares Core International Aggregate Bond ETF (BATS:IAGG) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $49.24 and last traded at $49.2550, with a volume of 929881 shares changing hands. The stock had previously closed at $49.61.

iShares Core International Aggregate Bond ETF Price Performance

The company has a fifty day moving average price of $49.75 and a 200-day moving average price of $49.97.

iShares Core International Aggregate Bond ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.4153 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.19. This represents a $1.66 dividend on an annualized basis and a yield of 3.4%.

Institutional Trading of iShares Core International Aggregate Bond ETF

A number of large investors have recently added to or reduced their stakes in IAGG. WealthNavi Inc. increased its position in iShares Core International Aggregate Bond ETF by 19.9% in the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock worth $302,658,000 after purchasing an additional 1,001,984 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares Core International Aggregate Bond ETF by 17.5% during the first quarter. Bank of New York Mellon Corp now owns 1,588,557 shares of the company’s stock valued at $79,491,000 after purchasing an additional 236,782 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of iShares Core International Aggregate Bond ETF by 12.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,455,696 shares of the company’s stock worth $72,843,000 after buying an additional 158,360 shares in the last quarter. Financial Gravity Asset Management Inc. grew its stake in shares of iShares Core International Aggregate Bond ETF by 8.3% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 612,666 shares of the company’s stock worth $30,639,000 after buying an additional 47,097 shares in the last quarter. Finally, Amarillo National Bank increased its holdings in shares of iShares Core International Aggregate Bond ETF by 4.0% in the 1st quarter. Amarillo National Bank now owns 596,651 shares of the company’s stock worth $29,856,000 after buying an additional 22,904 shares during the last quarter.

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.