iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 1-Year Low – Here’s Why

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $49.63 and last traded at $49.67, with a volume of 29600 shares traded. The stock had previously closed at $49.72.

iShares Core International Aggregate Bond ETF Trading Up 0.0%

The firm’s fifty day moving average is $49.93 and its 200-day moving average is $50.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IAGG. Ameriprise Financial Inc. grew its position in iShares Core International Aggregate Bond ETF by 442.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,316,457 shares of the company’s stock worth $67,237,000 after acquiring an additional 1,073,873 shares during the last quarter. WealthNavi Inc. boosted its stake in iShares Core International Aggregate Bond ETF by 19.9% in the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock worth $302,658,000 after purchasing an additional 1,001,984 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Core International Aggregate Bond ETF by 17.5% in the first quarter. Bank of New York Mellon Corp now owns 1,588,557 shares of the company’s stock worth $79,491,000 after purchasing an additional 236,782 shares in the last quarter. BlueStem Wealth Partners LLC grew its holdings in shares of iShares Core International Aggregate Bond ETF by 246.9% during the fourth quarter. BlueStem Wealth Partners LLC now owns 329,539 shares of the company’s stock worth $16,480,000 after purchasing an additional 234,530 shares during the last quarter. Finally, Kickstand Ventures LLC. increased its stake in shares of iShares Core International Aggregate Bond ETF by 3,315.8% in the second quarter. Kickstand Ventures LLC. now owns 228,143 shares of the company’s stock valued at $11,544,000 after buying an additional 221,464 shares in 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.