SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sees Strong Trading Volume – What’s Next?

Shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) saw unusually-strong trading volume on Friday . Approximately 1,221,963 shares were traded during mid-day trading, an increase of 261% from the previous session’s volume of 338,126 shares.The stock last traded at $21.3750 and had previously closed at $21.37.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Performance

The stock has a 50 day moving average price of $21.27 and a 200-day moving average price of $21.26.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

Several large investors have recently added to or reduced their stakes in EBND. MeadowBrook Investment Advisors LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the second quarter worth $25,000. Thompson Investment Management Inc. purchased a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter worth about $25,000. Triumph Capital Management bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter worth about $33,000. Howe & Rusling Inc. grew its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% during 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 last quarter. 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.