SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Hits New 12-Month Low – Here’s Why

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) shares hit a new 52-week low on Wednesday . The company traded as low as $21.60 and last traded at $21.64, with a volume of 20112 shares trading hands. The stock had previously closed at $21.67.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The firm’s 50-day moving average is $22.05 and its 200-day moving average is $22.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Securities Inc. grew its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 2.8% in the 4th quarter. Fifth Third Securities Inc. now owns 20,918 shares of the company’s stock worth $471,000 after buying an additional 561 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in SPDR Bloomberg International Treasury Bond ETF by 65.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,433 shares of the company’s stock valued at $32,000 after buying an additional 569 shares during the last quarter. Principal Securities Inc. boosted its holdings in SPDR Bloomberg International Treasury Bond ETF by 3.0% in the fourth quarter. Principal Securities Inc. now owns 20,984 shares of the company’s stock worth $473,000 after acquiring an additional 607 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in SPDR Bloomberg International Treasury Bond ETF by 6.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 10,245 shares of the company’s stock worth $231,000 after acquiring an additional 610 shares in the last quarter. Finally, State Street Corp boosted its holdings in SPDR Bloomberg International Treasury Bond ETF by 7.7% in the fourth quarter. State Street Corp now owns 14,272 shares of the company’s stock worth $322,000 after acquiring an additional 1,019 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About SPDR Bloomberg 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.