SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sees Strong Trading Volume – Here’s Why

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) shares saw strong trading volume on Tuesday . 1,145,140 shares traded hands during mid-day trading, an increase of 263% from the previous session’s volume of 315,291 shares.The stock last traded at $20.00 and had previously closed at $20.08.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF Price Performance

The stock’s fifty day moving average price is $20.50 and its two-hundred day moving average price is $20.38.

Institutional Investors Weigh In On SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Richardson Financial Services Inc. raised its stake in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 2.7% during the 3rd quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock worth $394,000 after acquiring an additional 518 shares in the last quarter. City State Bank raised its stake in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 3.4% during the 3rd quarter. City State Bank now owns 215,732 shares of the company’s stock worth $4,589,000 after acquiring an additional 7,160 shares in the last quarter. Farther Finance Advisors LLC raised its stake in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 28.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 55,772 shares of the company’s stock worth $1,101,000 after acquiring an additional 12,198 shares in the last quarter. Captrust Financial Advisors acquired a new stake in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF during the 3rd quarter worth $264,000. Finally, Comerica Bank raised its stake in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 32.0% during the 1st quarter. Comerica Bank now owns 658,593 shares of the company’s stock worth $13,501,000 after acquiring an additional 159,796 shares in the last quarter.

About SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

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.