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

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $49.58 and last traded at $49.78, with a volume of 785439 shares. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Stock Performance

The company has a 50 day simple moving average of $50.04 and a two-hundred day simple moving average of $51.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in iShares Core International Aggregate Bond ETF by 86.1% during the 3rd 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 during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Core International Aggregate Bond ETF by 9.8% in the 4th quarter. Jones Financial Companies Lllp now owns 6,887,870 shares of the company’s stock valued at $343,842,000 after acquiring an additional 615,853 shares during the period. WealthNavi Inc. lifted its stake in shares of iShares Core International Aggregate Bond ETF by 22.2% during the 4th quarter. WealthNavi Inc. now owns 2,557,308 shares of the company’s stock worth $127,661,000 after purchasing an additional 464,993 shares during the last quarter. Anderson Financial Strategies LLC bought a new stake in iShares Core International Aggregate Bond ETF during the fourth quarter valued at about $10,604,000. Finally, Farther Finance Advisors LLC raised its holdings in iShares Core International Aggregate Bond ETF by 191.3% in the fourth quarter. Farther Finance Advisors LLC now owns 37,671 shares of the company’s stock worth $1,881,000 after purchasing an additional 24,738 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.