iShares International Treasury Bond ETF (NASDAQ:IGOV) Sets New 12-Month Low – Here’s Why

Shares of iShares International Treasury Bond ETF (NASDAQ:IGOV) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $39.44 and last traded at $39.5210, with a volume of 12,060 shares changing hands. The stock had previously closed at $39.79.

iShares International Treasury Bond ETF Stock Performance

The company has a 50 day moving average of $40.75 and a 200-day moving average of $41.10.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

A number of institutional investors have recently modified their holdings of IGOV. Euro Pacific Asset Management LLC lifted its holdings in iShares International Treasury Bond ETF by 0.6% in the third quarter. Euro Pacific Asset Management LLC now owns 45,939 shares of the company’s stock worth $1,893,000 after acquiring an additional 281 shares during the last quarter. Insight Wealth Strategies LLC acquired a new position in iShares International Treasury Bond ETF in the third quarter valued at approximately $349,000. Farther Finance Advisors LLC boosted its stake in iShares International Treasury Bond ETF by 5.7% in the third quarter. Farther Finance Advisors LLC now owns 17,453 shares of the company’s stock valued at $694,000 after acquiring an additional 936 shares during the period. Whalen Wealth Management Inc. bought a new position in shares of iShares International Treasury Bond ETF during the third quarter valued at approximately $418,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares International Treasury Bond ETF by 9.0% during the second quarter. Envestnet Asset Management Inc. now owns 176,240 shares of the company’s stock valued at $7,231,000 after purchasing an additional 14,570 shares during the last quarter.

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.