iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 12-Month Low – What’s Next?

iShares Core International Aggregate Bond ETF (BATS:IAGG) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $49.58 and last traded at $50.20, with a volume of 785439 shares trading hands. The stock had previously closed at $49.42.

iShares Core International Aggregate Bond ETF Trading Up 1.5 %

The stock’s 50 day simple moving average is $50.14 and its 200 day simple moving average is $51.17.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Hedge funds have recently bought and sold shares of the company. Columbia River Financial Group LLC bought a new position in iShares Core International Aggregate Bond ETF during the 4th quarter worth approximately $1,132,000. Continuum Advisory LLC lifted its stake in iShares Core International Aggregate Bond ETF by 1.5% during the fourth quarter. Continuum Advisory LLC now owns 85,018 shares of the company’s stock worth $4,244,000 after purchasing an additional 1,278 shares during the last quarter. BIP Wealth LLC boosted its holdings in iShares Core International Aggregate Bond ETF by 4.8% in the fourth quarter. BIP Wealth LLC now owns 166,895 shares of the company’s stock worth $8,331,000 after purchasing an additional 7,665 shares during the period. BNP Paribas Financial Markets bought a new stake in iShares Core International Aggregate Bond ETF during the fourth quarter valued at $39,000. Finally, Anderson Financial Strategies LLC acquired a new position in shares of iShares Core International Aggregate Bond ETF in the 4th quarter valued at about $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.