iShares Core International Aggregate Bond ETF (BATS:IAGG) Reaches New 1-Year Low – Time to Sell?

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $49.26 and last traded at $49.38, with a volume of 2252874 shares changing hands. The stock had previously closed at $49.41.

iShares Core International Aggregate Bond ETF Trading Up 0.1%

The firm has a fifty day simple moving average of $49.78 and a two-hundred day simple moving average of $50.00.

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 paid a dividend of $0.4153 per share. This represents a $1.66 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Wednesday, July 1st. This is a positive change from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.19.

Institutional Investors Weigh In On iShares Core International Aggregate Bond ETF

Several large investors have recently added to or reduced their stakes in the company. WealthNavi Inc. lifted its holdings in iShares Core International Aggregate Bond ETF by 19.9% during the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock valued at $302,658,000 after purchasing an additional 1,001,984 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares Core International Aggregate Bond ETF by 17.5% in the first quarter. Bank of New York Mellon Corp now owns 1,588,557 shares of the company’s stock worth $79,491,000 after purchasing an additional 236,782 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of iShares Core International Aggregate Bond ETF by 12.2% in the first quarter. Janney Montgomery Scott LLC now owns 1,455,696 shares of the company’s stock worth $72,843,000 after purchasing an additional 158,360 shares in the last quarter. Financial Gravity Asset Management Inc. raised its position in shares of iShares Core International Aggregate Bond ETF by 8.3% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 612,666 shares of the company’s stock valued at $30,639,000 after purchasing an additional 47,097 shares during the period. Finally, Amarillo National Bank raised its position in shares of iShares Core International Aggregate Bond ETF by 4.0% in the first quarter. Amarillo National Bank now owns 596,651 shares of the company’s stock valued at $29,856,000 after purchasing an additional 22,904 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.