iShares Core International Aggregate Bond ETF (BATS:IAGG) Stock Short Interest Declines 61.5%

iShares Core International Aggregate Bond ETF (BATS:IAGG) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,087,321 shares, a drop of 61.5% from the August 31st total of 2,824,447 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 1,474,068 shares, the days-to-cover ratio is presently 0.7 days.

iShares Core International Aggregate Bond ETF Price Performance

Shares of IAGG stock opened at $49.33 on Monday. The firm has a 50-day moving average price of $49.71 and a 200 day moving average price of $49.94. iShares Core International Aggregate Bond ETF has a twelve month low of $49.22 and a twelve month high of $51.83.

iShares Core International Aggregate Bond ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.4153 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.1907. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Institutional investors have recently modified their holdings of the company. Strive Financial Group LLC lifted its stake in shares of iShares Core International Aggregate Bond ETF by 44.4% during the second quarter. Strive Financial Group LLC now owns 680 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the period. Syon Capital LLC grew its stake in iShares Core International Aggregate Bond ETF by 5.4% in the 2nd quarter. Syon Capital LLC now owns 516,489 shares of the company’s stock worth $26,134,000 after acquiring an additional 26,351 shares during the period. Kickstand Ventures LLC. grew its stake in iShares Core International Aggregate Bond ETF by 3,315.8% in the 2nd quarter. Kickstand Ventures LLC. now owns 228,143 shares of the company’s stock worth $11,544,000 after acquiring an additional 221,464 shares during the period. Continuum Advisory LLC raised its holdings in iShares Core International Aggregate Bond ETF by 5.1% in the 2nd quarter. Continuum Advisory LLC now owns 115,425 shares of the company’s stock valued at $5,841,000 after acquiring an additional 5,597 shares during the last quarter. Finally, Tsfg LLC raised its holdings in iShares Core International Aggregate Bond ETF by 10.4% in the 2nd quarter. Tsfg LLC now owns 191,107 shares of the company’s stock valued at $9,670,000 after acquiring an additional 18,059 shares during 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.