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

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

iShares International Treasury Bond ETF Stock Performance

The firm’s 50 day moving average is $41.02 and its two-hundred day moving average is $41.54.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

Several hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in shares of iShares International Treasury Bond ETF during the fourth quarter worth $32,000. Franklin Resources Inc. acquired a new position in shares of iShares International Treasury Bond ETF in the 4th quarter valued at $44,000. Quattro Advisors LLC bought a new stake in shares of iShares International Treasury Bond ETF in the 4th quarter valued at $125,000. SHP Wealth Management bought a new stake in shares of iShares International Treasury Bond ETF in the 4th quarter valued at $136,000. Finally, Smartleaf Asset Management LLC raised its stake in iShares International Treasury Bond ETF by 2,023.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,862 shares of the company’s stock worth $203,000 after buying an additional 4,633 shares during the period.

About iShares International Treasury Bond ETF

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.