iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 1-Year Low – Should You Sell?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price reached a new 52-week low on Monday . The stock traded as low as $49.58 and last traded at $50.40, with a volume of 785439 shares trading hands. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Performance

The stock has a fifty day simple moving average of $50.58 and a 200-day simple moving average of $51.23.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings 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 valued at $669,086,000 after purchasing an additional 5,973,001 shares in the last quarter. Jones Financial Companies Lllp raised its stake in iShares Core International Aggregate Bond ETF by 9.8% during the fourth quarter. Jones Financial Companies Lllp now owns 6,887,870 shares of the company’s stock worth $343,842,000 after acquiring an additional 615,853 shares in the last quarter. WealthNavi Inc. lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 22.2% in the fourth quarter. WealthNavi Inc. now owns 2,557,308 shares of the company’s stock worth $127,661,000 after acquiring an additional 464,993 shares during the last quarter. Amarillo National Bank boosted its stake in shares of iShares Core International Aggregate Bond ETF by 1.2% in the 3rd quarter. Amarillo National Bank now owns 507,563 shares of the company’s stock valued at $26,302,000 after purchasing an additional 6,048 shares in the last quarter. Finally, NYL Investors LLC grew its holdings in shares of iShares Core International Aggregate Bond ETF by 1.9% during the 4th quarter. NYL Investors LLC now owns 313,700 shares of the company’s stock valued at $15,660,000 after purchasing an additional 5,700 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.