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

iShares Core International Aggregate Bond ETF (BATS:IAGG) reached a new 52-week low on Tuesday . The stock traded as low as $49.65 and last traded at $49.66, with a volume of 204133 shares traded. The stock had previously closed at $49.79.

iShares Core International Aggregate Bond ETF Stock Performance

The company has a 50-day moving average of $49.95 and a two-hundred day moving average of $50.51.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IAGG. Nationwide Fund Advisors increased its stake in iShares Core International Aggregate Bond ETF by 1,026.2% during the fourth quarter. Nationwide Fund Advisors now owns 5,873,118 shares of the company’s stock worth $293,715,000 after acquiring an additional 5,351,620 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares Core International Aggregate Bond ETF by 9.8% during the third quarter. JPMorgan Chase & Co. now owns 19,430,043 shares of the company’s stock worth $995,401,000 after acquiring an additional 1,742,185 shares during the last quarter. Ameriprise Financial Inc. increased its stake in iShares Core International Aggregate Bond ETF by 442.7% during the second quarter. Ameriprise Financial Inc. now owns 1,316,457 shares of the company’s stock worth $67,237,000 after acquiring an additional 1,073,873 shares during the last quarter. WealthNavi Inc. increased its stake in iShares Core International Aggregate Bond ETF by 19.9% during the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock worth $302,658,000 after acquiring an additional 1,001,984 shares during the last quarter. Finally, True Link Financial Advisors LLC acquired a new stake in iShares Core International Aggregate Bond ETF during the fourth quarter worth about $33,009,000.

iShares Core International Aggregate Bond ETF Company Profile

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.