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

iShares Core International Aggregate Bond ETF (BATS:IAGG) shares reached a new 52-week low on Wednesday . The company traded as low as $49.24 and last traded at $49.2550, with a volume of 929881 shares trading hands. The stock had previously closed at $49.61.

iShares Core International Aggregate Bond ETF Stock Down 0.7%

The firm’s fifty day moving average is $49.75 and its two-hundred day moving average is $49.97.

iShares Core International Aggregate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Strive Financial Group LLC raised 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 last quarter. Syon Capital LLC boosted its position in shares of iShares Core International Aggregate Bond ETF by 5.4% during the second quarter. Syon Capital LLC now owns 516,489 shares of the company’s stock worth $26,134,000 after acquiring an additional 26,351 shares during the last quarter. Kickstand Ventures LLC. grew its stake in iShares Core International Aggregate Bond ETF by 3,315.8% during the second quarter. Kickstand Ventures LLC. now owns 228,143 shares of the company’s stock valued at $11,544,000 after acquiring an additional 221,464 shares in the last quarter. Continuum Advisory LLC grew its stake in iShares Core International Aggregate Bond ETF by 5.1% during the second quarter. Continuum Advisory LLC now owns 115,425 shares of the company’s stock valued at $5,841,000 after acquiring an additional 5,597 shares in the last quarter. Finally, Tsfg LLC grew its stake in iShares Core International Aggregate Bond ETF by 10.4% during the second quarter. Tsfg LLC now owns 191,107 shares of the company’s stock valued at $9,670,000 after acquiring an additional 18,059 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.