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

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $49.55 and last traded at $49.5550, with a volume of 206929 shares trading hands. The stock had previously closed at $49.68.

iShares Core International Aggregate Bond ETF Stock Down 0.3%

The stock’s fifty day moving average is $49.86 and its two-hundred day moving average is $50.05.

iShares Core International Aggregate Bond ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.4153 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.4%. This is an increase from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.19.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Several institutional investors have recently bought and sold shares of the company. Strive Financial Group LLC raised its stake in shares of iShares Core International Aggregate Bond ETF by 44.4% in the second quarter. Strive Financial Group LLC now owns 680 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in iShares Core International Aggregate Bond ETF by 8.2% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 6,427 shares of the company’s stock valued at $321,000 after acquiring an additional 486 shares during the period. Golden State Wealth Management LLC lifted its holdings in iShares Core International Aggregate Bond ETF by 69.1% during the fourth quarter. Golden State Wealth Management LLC now owns 1,500 shares of the company’s stock valued at $75,000 after purchasing an additional 613 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in iShares Core International Aggregate Bond ETF by 13.5% during the first quarter. AdvisorNet Financial Inc now owns 5,356 shares of the company’s stock valued at $268,000 after purchasing an additional 637 shares during the last quarter. Finally, Hexagon Capital Partners LLC boosted its position in iShares Core International Aggregate Bond ETF by 4.4% during the fourth quarter. Hexagon Capital Partners LLC now owns 19,370 shares of the company’s stock worth $969,000 after purchasing an additional 819 shares during the period.

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.