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

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $21.25 and last traded at $21.25, with a volume of 104341 shares changing hands. The stock had previously closed at $21.56.

SPDR Bloomberg International Treasury Bond ETF Price Performance

The business’s fifty day moving average is $21.74 and its 200-day moving average is $21.90.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BWX. Triumph Capital Management purchased a new position in shares of SPDR Bloomberg International Treasury Bond ETF in the second quarter worth approximately $27,000. Integrated Wealth Concepts LLC purchased a new position in SPDR Bloomberg International Treasury Bond ETF during the 2nd quarter valued at about $34,000. Western Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg International Treasury Bond ETF in the first quarter worth approximately $42,000. Purpose Unlimited Inc. purchased a new position in SPDR Bloomberg International Treasury Bond ETF during the fourth quarter valued at approximately $63,000. Finally, Hillman Capital Management Inc. purchased a new stake in shares of SPDR Bloomberg International Treasury Bond ETF during the fourth quarter worth $141,000. 73.32% of the stock is owned by institutional investors and hedge funds.

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.