SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Shares Up 0% – Should You Buy?

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) rose 0% during mid-day trading on Monday . The company traded as high as $21.27 and last traded at $21.24. Approximately 461,942 shares were traded during mid-day 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 Price Performance

The company’s fifty day simple moving average is $21.26 and its 200 day simple moving average is $21.24.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Thompson Investment Management Inc. bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at $25,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the second quarter worth approximately $25,000. Triumph Capital Management bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter worth $33,000. Howe & Rusling Inc. grew its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% in the 2nd quarter. Howe & Rusling Inc. now owns 1,618 shares of the company’s stock valued at $35,000 after purchasing an additional 1,530 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock valued at $37,000 after purchasing an additional 1,369 shares in the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

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.