SPDR Bloomberg Barclays International Treasury Bond ETF (NYSEARCA:BWX) Hits New 1-Year Low – What’s Next?

Shares of SPDR Bloomberg Barclays International Treasury Bond ETF (NYSEARCA:BWX) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $19.84 and last traded at $19.84, with a volume of 115 shares. The stock had previously closed at $22.54.

SPDR Bloomberg Barclays International Treasury Bond ETF Trading Down 0.2 %

The stock has a 50-day moving average price of $22.97 and a 200 day moving average price of $22.20.

Institutional Investors Weigh In On SPDR Bloomberg Barclays International Treasury Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BWX. United Community Bank grew its position in SPDR Bloomberg Barclays International Treasury Bond ETF by 27.5% during the 1st quarter. United Community Bank now owns 3,877 shares of the company’s stock worth $86,000 after purchasing an additional 836 shares during the last quarter. Covestor Ltd increased its position in SPDR Bloomberg Barclays International Treasury Bond ETF by 10.9% in the 1st quarter. Covestor Ltd now owns 10,521 shares of the company’s stock valued at $234,000 after acquiring an additional 1,031 shares during the period. BTS Asset Management Inc. lifted its position in SPDR Bloomberg Barclays International Treasury Bond ETF by 32.8% during the 2nd quarter. BTS Asset Management Inc. now owns 15,620 shares of the company’s stock worth $335,000 after acquiring an additional 3,856 shares during the period. Fifth Third Securities Inc. raised its stake in shares of SPDR Bloomberg Barclays International Treasury Bond ETF by 16.9% during the second quarter. Fifth Third Securities Inc. now owns 29,044 shares of the company’s stock worth $622,000 after purchasing an additional 4,195 shares during the last quarter. Finally, Quent Capital LLC increased its stake in shares of SPDR Bloomberg Barclays International Treasury Bond ETF by 5.3% during the first quarter. Quent Capital LLC now owns 72,559 shares of the company’s stock worth $1,614,000 after acquiring an additional 3,651 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About SPDR Bloomberg Barclays 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.