iShares International Treasury Bond ETF (NASDAQ:IGOV) Reaches New 1-Year Low – Should You Sell?

Shares of iShares International Treasury Bond ETF (NASDAQ:IGOV) reached a new 52-week low on Tuesday . The stock traded as low as $39.90 and last traded at $39.90, with a volume of 930 shares traded. The stock had previously closed at $41.22.

iShares International Treasury Bond ETF Trading Down 0.7%

The firm has a fifty day simple moving average of $41.02 and a 200-day simple moving average of $41.54.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

Several large investors have recently made changes to their positions in the company. Checchi Capital Advisers LLC increased its position in iShares International Treasury Bond ETF by 7.2% in the fourth quarter. Checchi Capital Advisers LLC now owns 617,443 shares of the company’s stock worth $25,723,000 after purchasing an additional 41,370 shares during the period. Evoke Wealth LLC lifted its position in iShares International Treasury Bond ETF by 28.7% during the 4th quarter. Evoke Wealth LLC now owns 329,024 shares of the company’s stock valued at $13,707,000 after purchasing an additional 73,318 shares during the period. Cetera Investment Advisers lifted its position in iShares International Treasury Bond ETF by 39.7% during the 1st quarter. Cetera Investment Advisers now owns 60,613 shares of the company’s stock valued at $2,489,000 after purchasing an additional 17,225 shares during the period. Truist Financial Corp bought a new position in shares of iShares International Treasury Bond ETF in the 4th quarter valued at about $1,935,000. Finally, AE Wealth Management LLC boosted its stake in shares of iShares International Treasury Bond ETF by 22.0% in the 4th quarter. AE Wealth Management LLC now owns 97,607 shares of the company’s stock valued at $4,066,000 after purchasing an additional 17,614 shares during the last quarter.

iShares International Treasury Bond ETF Company Profile

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.