SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Hits New 1-Year Low – Time to Sell?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) reached a new 52-week low during trading on Tuesday . The stock traded as low as $21.55 and last traded at $21.67, with a volume of 615920 shares changing hands. The stock had previously closed at $21.68.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The business’s 50-day simple moving average is $21.91 and its two-hundred day simple moving average is $22.26.

Hedge Funds Weigh In On SPDR Bloomberg International Treasury Bond ETF

A number of hedge funds have recently made changes to their positions in BWX. Upper Left Wealth Management LLC increased its holdings in SPDR Bloomberg International Treasury Bond ETF by 11.5% in the 4th quarter. Upper Left Wealth Management LLC now owns 266,826 shares of the company’s stock valued at $6,012,000 after purchasing an additional 27,620 shares in the last quarter. Net Worth Advisory Group lifted its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 13.5% in the fourth quarter. Net Worth Advisory Group now owns 380,616 shares of the company’s stock worth $8,575,000 after acquiring an additional 45,404 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of SPDR Bloomberg International Treasury Bond ETF during the 4th quarter valued at approximately $2,319,000. Tectonic Advisors LLC boosted its stake in SPDR Bloomberg International Treasury Bond ETF by 7.9% during the 4th quarter. Tectonic Advisors LLC now owns 584,925 shares of the company’s stock valued at $13,178,000 after acquiring an additional 43,000 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in SPDR Bloomberg International Treasury Bond ETF by 37.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 102,981 shares of the company’s stock worth $2,320,000 after purchasing an additional 27,912 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.