iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 1-Year Low – What’s Next?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $49.58 and last traded at $50.15, with a volume of 785439 shares. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Price Performance

The company’s 50-day moving average is $50.32 and its 200-day moving average is $51.21.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new position in iShares Core International Aggregate Bond ETF in the fourth quarter worth about $39,000. Transcendent Capital Group LLC increased its holdings in shares of iShares Core International Aggregate Bond ETF by 31.8% during the third quarter. Transcendent Capital Group LLC now owns 2,202 shares of the company’s stock worth $114,000 after buying an additional 531 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of iShares Core International Aggregate Bond ETF by 49.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,702 shares of the company’s stock worth $285,000 after buying an additional 1,878 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Core International Aggregate Bond ETF during the fourth quarter worth approximately $383,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of iShares Core International Aggregate Bond ETF during the fourth quarter worth approximately $393,000.

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.