iShares Core International Aggregate Bond ETF (BATS:IAGG) Sets New 52-Week Low – What’s Next?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $49.65 and last traded at $49.66, with a volume of 204133 shares changing hands. The stock had previously closed at $49.79.

iShares Core International Aggregate Bond ETF Price Performance

The stock has a 50 day moving average price of $49.97 and a 200-day moving average price of $50.54.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Strategic Investment Advisors MI grew its stake in iShares Core International Aggregate Bond ETF by 135.1% during the 1st quarter. Strategic Investment Advisors MI now owns 26,212 shares of the company’s stock valued at $1,310,000 after acquiring an additional 15,061 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in iShares Core International Aggregate Bond ETF by 49.5% in the 1st quarter. Arkadios Wealth Advisors now owns 12,457 shares of the company’s stock worth $623,000 after purchasing an additional 4,125 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares Core International Aggregate Bond ETF by 49.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 11,395 shares of the company’s stock worth $570,000 after purchasing an additional 3,770 shares during the last quarter. Parallel Advisors LLC grew its position in shares of iShares Core International Aggregate Bond ETF by 696.2% in the first quarter. Parallel Advisors LLC now owns 50,046 shares of the company’s stock valued at $2,504,000 after purchasing an additional 43,760 shares in the last quarter. Finally, Zhang Financial LLC purchased a new stake in shares of iShares Core International Aggregate Bond ETF in the first quarter valued at approximately $438,000.

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.