SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Reaches New 52-Week Low – What’s Next?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $21.58 and last traded at $21.61, with a volume of 18769 shares traded. The stock had previously closed at $21.68.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The stock has a 50 day simple moving average of $21.99 and a 200-day simple moving average of $22.30.

Hedge Funds Weigh In On SPDR Bloomberg International Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Flagship Harbor Advisors LLC purchased a new position in shares of SPDR Bloomberg International Treasury Bond ETF in the 4th quarter worth about $29,000. Horizon Investments LLC purchased a new stake in SPDR Bloomberg International Treasury Bond ETF during the 4th quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. grew its position in SPDR Bloomberg International Treasury Bond ETF by 65.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,433 shares of the company’s stock valued at $32,000 after purchasing an additional 569 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in SPDR Bloomberg International Treasury Bond ETF during the 4th quarter valued at about $33,000. Finally, Western Wealth Management LLC bought a new stake in SPDR Bloomberg International Treasury Bond ETF during the 1st quarter valued at about $42,000. 73.32% of the stock is currently owned by institutional investors.

SPDR Bloomberg International Treasury Bond ETF Company Profile

SPDR Barclays Capital International Treasury Bond ETF, formerly SPDR Lehman International Treasury Bond ETF is engaged in providing investment results that corresponds to the price and yield performance of the Barclays Capital Global Treasury ex-US Capped Index. The Barclays Capital Global Treasury Ex-US Capped Index includes government bonds issued by investment-grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade.