iShares Core International Aggregate Bond ETF (BATS:IAGG) Sees Significant Drop in Short Interest

iShares Core International Aggregate Bond ETF (BATS:IAGG) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 850,398 shares, a decrease of 78.0% from the April 30th total of 3,859,895 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 850,418 shares, the days-to-cover ratio is currently 1.0 days.

iShares Core International Aggregate Bond ETF Stock Performance

BATS:IAGG opened at $50.23 on Friday. The business has a 50 day moving average of $49.95 and a 200 day moving average of $50.44. iShares Core International Aggregate Bond ETF has a 1-year low of $49.63 and a 1-year high of $51.83.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Baird Financial Group Inc. purchased a new stake in iShares Core International Aggregate Bond ETF during the second quarter valued at about $2,070,000. Ameriprise Financial Inc. boosted 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 valued at $67,237,000 after buying an additional 1,073,873 shares during the period. Redwood Investment Management LLC bought a new position in shares of iShares Core International Aggregate Bond ETF during the second quarter valued at about $1,053,000. Arkadios Wealth Advisors grew its stake in shares of iShares Core International Aggregate Bond ETF by 6.5% in the third quarter. Arkadios Wealth Advisors now owns 6,461 shares of the company’s stock worth $331,000 after purchasing an additional 394 shares during the last quarter. Finally, Transcend Capital Advisors LLC lifted its holdings in iShares Core International Aggregate Bond ETF by 7.3% in the 3rd quarter. Transcend Capital Advisors LLC now owns 11,890 shares of the company’s stock worth $609,000 after buying an additional 804 shares during the period.

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.