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

iShares Core International Aggregate Bond ETF (BATS:IAGG)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $49.55 and last traded at $49.5550, with a volume of 206929 shares. The stock had previously closed at $49.68.

iShares Core International Aggregate Bond ETF Price Performance

The company’s fifty day moving average price is $49.83 and its 200 day moving average price is $50.04.

iShares Core International Aggregate Bond ETF Increases Dividend

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

Institutional Trading of iShares Core International Aggregate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IAGG. Strive Financial Group LLC increased its holdings in shares of iShares Core International Aggregate Bond ETF by 44.4% in the second quarter. Strive Financial Group LLC now owns 680 shares of the company’s stock valued at $34,000 after buying an additional 209 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of iShares Core International Aggregate Bond ETF by 8.2% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 6,427 shares of the company’s stock worth $321,000 after acquiring an additional 486 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of iShares Core International Aggregate Bond ETF by 69.1% in the 4th quarter. Golden State Wealth Management LLC now owns 1,500 shares of the company’s stock worth $75,000 after acquiring an additional 613 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in shares of iShares Core International Aggregate Bond ETF by 13.5% in the 1st quarter. AdvisorNet Financial Inc now owns 5,356 shares of the company’s stock worth $268,000 after acquiring an additional 637 shares during the last quarter. Finally, Hexagon Capital Partners LLC raised its position in shares of iShares Core International Aggregate Bond ETF by 4.4% during the fourth quarter. Hexagon Capital Partners LLC now owns 19,370 shares of the company’s stock worth $969,000 after purchasing an additional 819 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.