iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 52-Week Low – Here’s Why

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $49.58 and last traded at $50.00, with a volume of 785439 shares traded. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Performance

The business has a 50 day moving average of $50.89 and a 200 day moving average of $51.24.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IAGG. JPMorgan Chase & Co. raised its stake in iShares Core International Aggregate Bond ETF by 86.1% during the third quarter. JPMorgan Chase & Co. now owns 12,911,738 shares of the company’s stock valued at $669,086,000 after purchasing an additional 5,973,001 shares in the last quarter. City State Bank raised its position in shares of iShares Core International Aggregate Bond ETF by 36.1% during the 3rd quarter. City State Bank now owns 35,975 shares of the company’s stock valued at $1,864,000 after buying an additional 9,550 shares in the last quarter. NYL Investors LLC raised its position in shares of iShares Core International Aggregate Bond ETF by 1.5% during the 3rd quarter. NYL Investors LLC now owns 308,000 shares of the company’s stock valued at $15,961,000 after buying an additional 4,500 shares in the last quarter. Aspect Partners LLC lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 18.5% in the 3rd quarter. Aspect Partners LLC now owns 150,726 shares of the company’s stock valued at $7,811,000 after acquiring an additional 23,578 shares during the last quarter. Finally, Amarillo National Bank grew its position in iShares Core International Aggregate Bond ETF by 1.2% in the third quarter. Amarillo National Bank now owns 507,563 shares of the company’s stock worth $26,302,000 after acquiring an additional 6,048 shares in 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.