iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Unusually-High Trading Volume – Still a Buy?

iShares International Treasury Bond ETF (NASDAQ:IGOV) shares saw strong trading volume on Wednesday . 750,724 shares changed hands during mid-day trading, an increase of 84% from the previous session’s volume of 407,589 shares.The stock last traded at $42.20 and had previously closed at $41.78.

iShares International Treasury Bond ETF Stock Up 0.5%

The firm’s fifty day moving average is $41.61 and its 200-day moving average is $41.95.

Institutional Trading of iShares International Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. DMC Group LLC raised its holdings in shares of iShares International Treasury Bond ETF by 231.0% during the third quarter. DMC Group LLC now owns 45,547 shares of the company’s stock worth $1,940,000 after purchasing an additional 31,786 shares during the period. Columbus Macro LLC raised its holdings in shares of iShares International Treasury Bond ETF by 38.0% during the fourth quarter. Columbus Macro LLC now owns 66,705 shares of the company’s stock worth $2,779,000 after purchasing an additional 18,358 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of iShares International Treasury Bond ETF during the third quarter worth $824,000. Aspect Partners LLC acquired a new stake in shares of iShares International Treasury Bond ETF during the fourth quarter worth $7,963,000. Finally, AE Wealth Management LLC raised its holdings in shares of iShares International Treasury Bond ETF by 22.0% during the fourth quarter. AE Wealth Management LLC now owns 97,607 shares of the company’s stock worth $4,066,000 after purchasing an additional 17,614 shares during the period.

iShares International Treasury Bond ETF Company Profile

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.