iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 12-Month Low – Should You Sell?

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

iShares Core International Aggregate Bond ETF Stock Performance

The firm has a 50-day simple moving average of $51.18 and a two-hundred day simple moving average of $51.24.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its position in iShares Core International Aggregate Bond ETF by 3.8% during the second quarter. Bank of New York Mellon Corp now owns 12,279 shares of the company’s stock worth $613,000 after purchasing an additional 451 shares in the last quarter. City State Bank raised its stake in shares of iShares Core International Aggregate Bond ETF by 1.4% during the 4th quarter. City State Bank now owns 36,475 shares of the company’s stock worth $1,821,000 after buying an additional 500 shares during the period. Transcendent Capital Group LLC lifted its position in shares of iShares Core International Aggregate Bond ETF by 31.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 2,202 shares of the company’s stock valued at $114,000 after buying an additional 531 shares in the last quarter. Appleton Partners Inc. MA lifted its position in shares of iShares Core International Aggregate Bond ETF by 0.6% during the 3rd quarter. Appleton Partners Inc. MA now owns 112,723 shares of the company’s stock valued at $5,841,000 after buying an additional 646 shares in the last quarter. Finally, Future Financial Wealth Managment LLC grew its stake in iShares Core International Aggregate Bond ETF by 2.8% in the 4th quarter. Future Financial Wealth Managment LLC now owns 25,748 shares of the company’s stock valued at $1,285,000 after acquiring an additional 710 shares during the period.

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.