iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Large Volume Increase – Should You Buy?

iShares International Treasury Bond ETF (NASDAQ:IGOV) shares saw an uptick in trading volume on Thursday . 1,845,461 shares changed hands during mid-day trading, an increase of 348% from the previous session’s volume of 411,988 shares.The stock last traded at $41.90 and had previously closed at $41.68.

iShares International Treasury Bond ETF Price Performance

The firm has a 50-day moving average of $41.49 and a 200 day moving average of $41.88.

Institutional Trading of iShares International Treasury Bond ETF

Institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in iShares International Treasury Bond ETF in the second quarter worth about $12,763,000. Bank of America Corp DE grew its stake in shares of iShares International Treasury Bond ETF by 431.0% in the 2nd quarter. Bank of America Corp DE now owns 273,417 shares of the company’s stock valued at $11,784,000 after purchasing an additional 221,929 shares during the period. Aspect Partners LLC bought a new stake in shares of iShares International Treasury Bond ETF in the 4th quarter valued at approximately $7,963,000. Creative Planning grew its stake in shares of iShares International Treasury Bond ETF by 17.3% in the 3rd quarter. Creative Planning now owns 1,295,954 shares of the company’s stock valued at $55,208,000 after purchasing an additional 190,929 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of iShares International Treasury Bond ETF by 108.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 319,386 shares of the company’s stock valued at $13,114,000 after purchasing an additional 166,083 shares during the period.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.