SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Stock Price Up 0% – Time to Buy?

Shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) were up 0% on Monday . The company traded as high as $21.27 and last traded at $21.24. Approximately 461,942 shares were traded during trading, an increase of 35% from the average daily volume of 341,980 shares. The stock had previously closed at $21.23.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Performance

The firm has a 50 day moving average price of $21.27 and a 200-day moving average price of $21.25.

Hedge Funds Weigh In On SPDR Bloomberg Emerging Markets Local Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Thompson Investment Management Inc. acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at approximately $25,000. MeadowBrook Investment Advisors LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the second quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter worth $33,000. Howe & Rusling Inc. raised its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% during the second quarter. Howe & Rusling Inc. now owns 1,618 shares of the company’s stock worth $35,000 after acquiring an additional 1,530 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock valued at $37,000 after acquiring an additional 1,369 shares in the last quarter.

About SPDR Bloomberg Emerging Markets Local Bond ETF

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.