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

iShares Core International Aggregate Bond ETF (BATS:IAGG) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $49.65 and last traded at $49.66, with a volume of 204133 shares. The stock had previously closed at $49.79.

iShares Core International Aggregate Bond ETF Trading Down 0.2%

The firm’s 50-day moving average price is $49.97 and its two-hundred day moving average price is $50.54.

Institutional Trading of iShares Core International Aggregate Bond ETF

Several hedge funds have recently made changes to their positions in IAGG. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares Core International Aggregate Bond ETF during the 4th quarter valued at approximately $47,000. Ameriflex Group Inc. increased its stake in iShares Core International Aggregate Bond ETF by 416.5% during the third quarter. Ameriflex Group Inc. now owns 1,224 shares of the company’s stock worth $63,000 after acquiring an additional 987 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares Core International Aggregate Bond ETF during the fourth quarter worth $65,000. SBI Securities Co. Ltd. raised its position in iShares Core International Aggregate Bond ETF by 251.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,467 shares of the company’s stock valued at $73,000 after purchasing an additional 1,049 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Core International Aggregate Bond ETF in the 4th quarter valued at $74,000.

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.