iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Strong Trading Volume – Still a Buy?

Shares of iShares International Treasury Bond ETF (NASDAQ:IGOV) saw strong trading volume on Thursday . 1,845,461 shares traded hands during mid-day trading, an increase of 348% from the previous session’s volume of 411,988 shares.The stock last traded at $41.90 and had previously closed at $41.68.

iShares International Treasury Bond ETF Trading Up 0.1%

The company has a fifty day moving average price of $41.52 and a two-hundred day moving average price of $41.87.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of iShares International Treasury Bond ETF in the second quarter valued at about $12,763,000. Bank of America Corp DE grew its holdings in shares of iShares International Treasury Bond ETF by 431.0% during the second quarter. Bank of America Corp DE now owns 273,417 shares of the company’s stock worth $11,784,000 after buying an additional 221,929 shares in the last quarter. Aspect Partners LLC acquired a new stake in iShares International Treasury Bond ETF in the 4th quarter valued at approximately $7,963,000. Creative Planning raised its position in iShares International Treasury Bond ETF by 17.3% in the 3rd quarter. Creative Planning now owns 1,295,954 shares of the company’s stock valued at $55,208,000 after buying an additional 190,929 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in iShares International Treasury Bond ETF by 108.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 319,386 shares of the company’s stock valued at $13,114,000 after acquiring an additional 166,083 shares in the last quarter.

iShares International Treasury Bond ETF Company Profile

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.