iShares International Treasury Bond ETF (NASDAQ:IGOV) Hits New 1-Year Low – Here’s What Happened

iShares International Treasury Bond ETF (NASDAQ:IGOV) hit a new 52-week low during trading on Tuesday. The stock traded as low as $39.72 and last traded at $39.88, with a volume of 116860 shares. The stock had previously closed at $40.11.

iShares International Treasury Bond ETF Trading Down 0.2%

The stock’s fifty day moving average is $40.95 and its 200 day moving average is $41.19.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

A number of hedge funds have recently modified their holdings of IGOV. SHP Wealth Management purchased a new stake in shares of iShares International Treasury Bond ETF during the fourth quarter worth about $136,000. Advisory Solutions Group LLC purchased a new position in iShares International Treasury Bond ETF during the 2nd quarter valued at about $224,000. NerdWallet Wealth Partners LLC bought a new position in iShares International Treasury Bond ETF during the 2nd quarter valued at approximately $232,000. Fifth Third Bancorp bought a new position in iShares International Treasury Bond ETF during the 1st quarter valued at approximately $271,000. Finally, Angeles Wealth Management LLC bought a new position in iShares International Treasury Bond ETF during the 1st quarter valued at approximately $320,000.

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.