iShares Core International Aggregate Bond ETF (BATS:IAGG) Sets New 52-Week Low – Time to Sell?

iShares Core International Aggregate Bond ETF (BATS:IAGG) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $49.58 and last traded at $50.40, with a volume of 785439 shares. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Up 1.6 %

The company’s fifty day moving average price is $50.50 and its 200 day moving average price is $51.22.

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 the company. Transcendent Capital Group LLC raised its stake in shares of iShares Core International Aggregate Bond ETF by 31.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 2,202 shares of the company’s stock worth $114,000 after purchasing an additional 531 shares during the period. EverSource Wealth Advisors LLC raised its position in iShares Core International Aggregate Bond ETF by 49.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,702 shares of the company’s stock worth $285,000 after acquiring an additional 1,878 shares during the period. Bank of New York Mellon Corp purchased a new position in iShares Core International Aggregate Bond ETF in the fourth quarter valued at about $393,000. Finley Financial LLC bought a new position in shares of iShares Core International Aggregate Bond ETF during the 4th quarter valued at approximately $573,000. Finally, NBT Bank N A NY increased its stake in shares of iShares Core International Aggregate Bond ETF by 3.8% during the 4th quarter. NBT Bank N A NY now owns 12,396 shares of the company’s stock worth $619,000 after purchasing an additional 458 shares during the last quarter.

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.