iShares Core International Aggregate Bond ETF (BATS:IAGG) Hits New 12-Month Low – Here’s Why

iShares Core International Aggregate Bond ETF (BATS:IAGG – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock 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 Trading Down 0.3%

The firm has a 50-day simple moving average of $49.86 and a 200-day simple moving average of $50.05.

Get iShares Core International Aggregate Bond ETF alerts:

iShares Core International Aggregate Bond ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors 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 of this dividend was Wednesday, July 1st. This represents a $1.66 dividend on an annualized basis and a yield of 3.4%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in IAGG. Strive Financial Group LLC increased 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 buying an additional 209 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares Core International Aggregate Bond ETF during the fourth quarter valued at approximately $47,000. SBI Securities Co. Ltd. grew its stake in iShares Core International Aggregate Bond ETF by 251.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,467 shares of the company’s stock valued at $73,000 after acquiring an additional 1,049 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in iShares Core International Aggregate Bond ETF during the 4th quarter worth approximately $74,000. Finally, Golden State Wealth Management LLC lifted its stake in 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 purchasing an additional 613 shares in the last quarter.

About iShares Core International Aggregate Bond ETF

(Get Free Report)

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.

Read More

• Five stocks we like better than iShares Core International Aggregate Bond ETF
• Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
• Sovereign AI: Palantir and Nebius Cut the Cloud Cord
• Lithia’s Record Quarter Keeps the Bull Case Alive
• 3 Lesser-Known Quantum Plays the Market May Be Overlooking Right Now

Receive News & Ratings for iShares Core International Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core International Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.