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

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $49.58 and last traded at $49.78, with a volume of 785439 shares changing hands. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Trading Up 0.4 %

The company’s 50-day moving average is $50.03 and its two-hundred day moving average is $51.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets purchased a new stake in iShares Core International Aggregate Bond ETF in the fourth quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its stake in shares of iShares Core International Aggregate Bond ETF by 49.1% in the 4th 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 during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in iShares Core International Aggregate Bond ETF during the fourth quarter valued at $383,000. Bank of New York Mellon Corp bought a new stake in shares of iShares Core International Aggregate Bond ETF during the 4th quarter valued at about $393,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares Core International Aggregate Bond ETF during the 4th quarter valued at about $516,000.

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.