iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 1-Year 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 $49.63 and last traded at $49.66, with a volume of 199850 shares traded. The stock had previously closed at $49.75.

iShares Core International Aggregate Bond ETF Stock Down 0.1%

The company’s 50 day moving average price is $50.14 and its two-hundred day moving average price is $50.16.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IAGG. Baird Financial Group Inc. bought a new stake in shares of iShares Core International Aggregate Bond ETF in the 2nd quarter valued at about $2,070,000. Ameriprise Financial Inc. raised its holdings in shares of iShares Core International Aggregate Bond ETF by 442.7% during the second quarter. Ameriprise Financial Inc. now owns 1,316,457 shares of the company’s stock worth $67,237,000 after purchasing an additional 1,073,873 shares during the last quarter. Redwood Investment Management LLC acquired a new position in iShares Core International Aggregate Bond ETF in the second quarter valued at approximately $1,053,000. Parallel Advisors LLC boosted its stake in shares of iShares Core International Aggregate Bond ETF by 604.0% during the 3rd quarter. Parallel Advisors LLC now owns 6,294 shares of the company’s stock worth $322,000 after acquiring an additional 5,400 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of iShares Core International Aggregate Bond ETF by 28.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 33,213 shares of the company’s stock valued at $1,701,000 after buying an additional 7,347 shares in the last quarter.

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.