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

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

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The firm’s 50 day moving average is $22.03 and its 200 day moving average is $22.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BWX. CI Investments Inc. bought a new stake in SPDR Bloomberg International Treasury Bond ETF in the first quarter worth $143,040,000. Morgan Stanley raised its position in shares of SPDR Bloomberg International Treasury Bond ETF by 9.6% in the 4th quarter. Morgan Stanley now owns 3,095,764 shares of the company’s stock worth $69,748,000 after purchasing an additional 271,894 shares during the last quarter. Creative Planning boosted its stake in SPDR Bloomberg International Treasury Bond ETF by 23.6% in the 3rd quarter. Creative Planning now owns 997,078 shares of the company’s stock worth $22,933,000 after purchasing an additional 190,360 shares in the last quarter. Blueprint Investment Partners LLC boosted its stake in SPDR Bloomberg International Treasury Bond ETF by 13.0% in the 3rd quarter. Blueprint Investment Partners LLC now owns 749,071 shares of the company’s stock worth $17,229,000 after purchasing an additional 86,275 shares in the last quarter. Finally, Gould Asset Management LLC CA grew its position in SPDR Bloomberg International Treasury Bond ETF by 6.7% during the 1st quarter. Gould Asset Management LLC CA now owns 723,388 shares of the company’s stock valued at $15,878,000 after purchasing an additional 45,277 shares during the last quarter. 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.