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

iShares Core International Aggregate Bond ETF (BATS:IAGG) shares hit a new 52-week low on Tuesday. The stock traded as low as $49.15 and last traded at $49.23, with a volume of 1796792 shares. The stock had previously closed at $49.33.

iShares Core International Aggregate Bond ETF Stock Down 0.0%

The stock’s fifty day moving average price is $49.68 and its 200-day moving average price is $49.92.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

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

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.