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

iShares Core International Aggregate Bond ETF (BATS:IAGG) hit a new 52-week low on Monday . The company traded as low as $49.58 and last traded at $50.21, 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 fifty day moving average of $50.05 and a two-hundred day moving average of $51.12.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IAGG. JPMorgan Chase & Co. grew its stake in shares of iShares Core International Aggregate Bond ETF by 10.4% in the fourth quarter. JPMorgan Chase & Co. now owns 14,255,185 shares of the company’s stock valued at $711,619,000 after acquiring an additional 1,343,447 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Core International Aggregate Bond ETF by 9.8% during the 4th quarter. Jones Financial Companies Lllp now owns 6,887,870 shares of the company’s stock worth $343,842,000 after purchasing an additional 615,853 shares in the last quarter. WealthNavi Inc. increased its holdings in shares of iShares Core International Aggregate Bond ETF by 22.2% during the fourth 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 period. NYL Investors LLC increased its holdings in shares of iShares Core International Aggregate Bond ETF by 1.9% during the fourth quarter. NYL Investors LLC now owns 313,700 shares of the company’s stock worth $15,660,000 after purchasing an additional 5,700 shares during the period. Finally, Anderson Financial Strategies LLC acquired a new stake in shares of iShares Core International Aggregate Bond ETF in the fourth quarter valued at approximately $10,604,000.

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.