iShares Core International Aggregate Bond ETF (BATS:IAGG) Sees Significant Increase in Short Interest

iShares Core International Aggregate Bond ETF (BATS:IAGG) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,824,447 shares, a growth of 881.9% from the August 15th total of 287,660 shares. Based on an average daily trading volume, of 776,426 shares, the short-interest ratio is presently 3.6 days. Approximately 1.4% of the company’s shares are sold short.

iShares Core International Aggregate Bond ETF Stock Performance

IAGG stock traded down $0.20 on Thursday, reaching $49.35. The company’s stock had a trading volume of 1,451,075 shares, compared to its average volume of 1,508,270. The business has a fifty day simple moving average of $49.85 and a two-hundred day simple moving average of $50.05. iShares Core International Aggregate Bond ETF has a 12-month low of $49.32 and a 12-month high of $51.83.

iShares Core International Aggregate Bond ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.4153 per share. This is a positive change from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.19. The ex-dividend date was Wednesday, July 1st. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.4%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IAGG. Strive Financial Group LLC boosted its position 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 purchasing an additional 209 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in iShares Core International Aggregate Bond ETF in the fourth quarter worth $47,000. SBI Securities Co. Ltd. raised its holdings in iShares Core International Aggregate Bond ETF by 251.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,467 shares of the company’s stock worth $73,000 after purchasing an additional 1,049 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in iShares Core International Aggregate Bond ETF during the fourth quarter valued at $74,000. Finally, Golden State Wealth Management LLC lifted its position in iShares Core International Aggregate Bond ETF by 69.1% during the fourth quarter. Golden State Wealth Management LLC now owns 1,500 shares of the company’s stock valued at $75,000 after buying an additional 613 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.