SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $21.43 and traded as high as $21.61. SPDR Bloomberg International Treasury Bond ETF shares last traded at $21.57, with a volume of 1,272,862 shares.

SPDR Bloomberg International Treasury Bond ETF Price Performance

The stock’s 50-day moving average is $21.43 and its 200-day moving average is $21.93.

Institutional Investors Weigh In On SPDR Bloomberg International Treasury Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CI Investments Inc. bought a new position in SPDR Bloomberg International Treasury Bond ETF during the 1st quarter valued at $143,040,000. Gould Asset Management LLC CA raised its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 6.7% in the 1st quarter. Gould Asset Management LLC CA now owns 723,388 shares of the company’s stock worth $15,878,000 after buying an additional 45,277 shares in the last quarter. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 17.8% in the 1st quarter. Bank of America Corp DE now owns 533,238 shares of the company’s stock worth $11,705,000 after buying an additional 80,475 shares in the last quarter. Leuthold Group LLC bought a new stake in shares of SPDR Bloomberg International Treasury Bond ETF in the 3rd quarter worth $11,181,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of SPDR Bloomberg International Treasury Bond ETF by 385.0% in the third quarter. Farther Finance Advisors LLC now owns 448,827 shares of the company’s stock valued at $9,506,000 after buying an additional 356,277 shares during the period. Institutional investors own 73.32% of the company’s stock.

About SPDR Bloomberg International Treasury Bond ETF

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.