SPDR Bloomberg Barclays International Treasury Bond ETF (NYSEARCA:BWX) Sets New 12-Month Low – Time to Sell?

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

SPDR Bloomberg Barclays International Treasury Bond ETF Stock Performance

The business has a 50 day simple moving average of $22.97 and a 200 day simple moving average of $22.20.

Hedge Funds Weigh In On SPDR Bloomberg Barclays International Treasury Bond ETF

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

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.