SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Sets New 1-Year Low – Here’s Why

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) shares hit a new 52-week low during mid-day trading 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 Price Performance

The firm’s fifty day moving average price is $21.68 and its 200 day moving average price is $21.83.

Institutional Investors Weigh In On SPDR Bloomberg International Treasury Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Triumph Capital Management purchased a new position in SPDR Bloomberg International Treasury Bond ETF during the 2nd quarter valued at approximately $27,000. Integrated Wealth Concepts LLC bought a new stake in SPDR Bloomberg International Treasury Bond ETF in the second quarter worth $34,000. Western Wealth Management LLC purchased a new stake in SPDR Bloomberg International Treasury Bond ETF during the first quarter valued at $42,000. Purpose Unlimited Inc. purchased a new stake in SPDR Bloomberg International Treasury Bond ETF during the fourth quarter valued at $63,000. Finally, Hillman Capital Management Inc. bought a new position in SPDR Bloomberg International Treasury Bond ETF during the fourth quarter valued at $141,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg International Treasury Bond ETF Company Profile

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.