SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Hits New 52-Week Low – Should You Sell?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) shares hit a new 52-week low on Wednesday. The company traded as low as $20.99 and last traded at $21.0750, with a volume of 14466 shares changing hands. The stock had previously closed at $21.19.

SPDR Bloomberg International Treasury Bond ETF Trading Up 0.4%

The firm’s fifty day moving average is $21.66 and its 200 day moving average is $21.81.

Institutional Investors Weigh In On SPDR Bloomberg International Treasury Bond ETF

A number of institutional investors have recently modified their holdings of BWX. CI Investments Inc. purchased a new position in shares of SPDR Bloomberg International Treasury Bond ETF during the 1st quarter valued at $143,040,000. Gould Asset Management LLC CA boosted its position in SPDR Bloomberg International Treasury Bond ETF by 6.7% during the first quarter. Gould Asset Management LLC CA now owns 723,388 shares of the company’s stock valued at $15,878,000 after purchasing an additional 45,277 shares during the last quarter. Bank of America Corp DE boosted its position in SPDR Bloomberg International Treasury Bond ETF by 17.8% during the first quarter. Bank of America Corp DE now owns 533,238 shares of the company’s stock valued at $11,705,000 after purchasing an additional 80,475 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its stake in SPDR Bloomberg International Treasury Bond ETF by 5.6% in the first quarter. Walkner Condon Financial Advisors LLC now owns 485,825 shares of the company’s stock valued at $10,664,000 after purchasing an additional 25,557 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in SPDR Bloomberg International Treasury Bond ETF by 385.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 448,827 shares of the company’s stock worth $9,506,000 after purchasing an additional 356,277 shares during the last quarter. Institutional investors and hedge funds 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.