iShares Core International Aggregate Bond ETF (BATS:IAGG) Sees Large Decline in Short Interest

iShares Core International Aggregate Bond ETF (BATS:IAGG) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 287,660 shares, a decline of 77.2% from the July 30th total of 1,259,770 shares. Based on an average daily volume of 815,667 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

iShares Core International Aggregate Bond ETF Stock Down 0.1%

IAGG traded down $0.06 during trading hours on Thursday, hitting $49.79. The company’s stock had a trading volume of 1,310,722 shares, compared to its average volume of 1,521,916. iShares Core International Aggregate Bond ETF has a fifty-two week low of $49.63 and a fifty-two week high of $51.83. The company has a 50-day simple moving average of $50.01 and a 200 day simple moving average of $50.10.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its holdings in iShares Core International Aggregate Bond ETF by 442.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,316,457 shares of the company’s stock valued at $67,237,000 after acquiring an additional 1,073,873 shares in the last quarter. WealthNavi Inc. lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 19.9% during the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock valued at $302,658,000 after acquiring an additional 1,001,984 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares Core International Aggregate Bond ETF by 17.5% during the 1st quarter. Bank of New York Mellon Corp now owns 1,588,557 shares of the company’s stock valued at $79,491,000 after purchasing an additional 236,782 shares during the last quarter. BlueStem Wealth Partners LLC boosted its holdings in shares of iShares Core International Aggregate Bond ETF by 246.9% in the 4th quarter. BlueStem Wealth Partners LLC now owns 329,539 shares of the company’s stock worth $16,480,000 after acquiring an additional 234,530 shares in the last quarter. Finally, Kickstand Ventures LLC. grew its holdings in shares of iShares Core International Aggregate Bond ETF by 3,315.8% during the second quarter. Kickstand Ventures LLC. now owns 228,143 shares of the company’s stock worth $11,544,000 after purchasing an additional 221,464 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.