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

iShares Core International Aggregate Bond ETF (BATS:IAGG) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 837,598 shares, a decrease of 91.0% from the September 30th total of 9,292,658 shares. Based on an average daily volume of 2,292,008 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IAGG. SBI Securities Co. Ltd. grew its holdings in iShares Core International Aggregate Bond ETF by 198.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 609 shares of the company’s stock worth $30,000 after acquiring an additional 405 shares in the last quarter. Strive Financial Group LLC raised its holdings in shares of iShares Core International Aggregate Bond ETF by 44.4% in the 2nd 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. YANKCOM Partnership acquired a new stake in shares of iShares Core International Aggregate Bond ETF in the 3rd quarter valued at $63,000. Morton Brown Family Wealth LLC purchased a new stake in shares of iShares Core International Aggregate Bond ETF during the 3rd quarter worth $359,000. Finally, Zhang Financial LLC purchased a new stake in shares of iShares Core International Aggregate Bond ETF during the 1st quarter worth $438,000.

iShares Core International Aggregate Bond ETF Trading Up 0.1%

Shares of IAGG opened at $49.44 on Wednesday. iShares Core International Aggregate Bond ETF has a 1 year low of $48.81 and a 1 year high of $51.82. The stock has a 50-day simple moving average of $49.43 and a 200-day simple moving average of $49.95.

iShares Core International Aggregate Bond ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3151 dividend. This represents a $1.26 annualized dividend and a yield of 2.5%. This is a negative change from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.4153. The ex-dividend date of this dividend was Thursday, October 1st.

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.