iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 52-Week Low – Time to Sell?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $49.63 and last traded at $49.66, with a volume of 199850 shares. The stock had previously closed at $49.75.

iShares Core International Aggregate Bond ETF Stock Performance

The business’s 50 day simple moving average is $50.14 and its 200 day simple moving average is $50.15.

Hedge Funds Weigh In On iShares Core International Aggregate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Stonekeep Investments LLC boosted its stake in iShares Core International Aggregate Bond ETF by 2.1% in the 2nd quarter. Stonekeep Investments LLC now owns 48,797 shares of the company’s stock valued at $2,469,000 after buying an additional 1,007 shares in the last quarter. Exchange Bank raised its stake in iShares Core International Aggregate Bond ETF by 21.2% during the second quarter. Exchange Bank now owns 34,486 shares of the company’s stock worth $1,745,000 after acquiring an additional 6,040 shares in the last quarter. Redwood Investment Management LLC lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 12.5% during the first quarter. Redwood Investment Management LLC now owns 31,920 shares of the company’s stock valued at $1,597,000 after acquiring an additional 3,546 shares during the period. Robinswood Financial LLC bought a new position in shares of iShares Core International Aggregate Bond ETF during the first quarter valued at $7,007,000. Finally, Parallel Advisors LLC lifted its holdings in shares of iShares Core International Aggregate Bond ETF by 696.2% during the first quarter. Parallel Advisors LLC now owns 50,046 shares of the company’s stock valued at $2,504,000 after acquiring an additional 43,760 shares during the period.

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.