iShares International Treasury Bond ETF (NASDAQ:IGOV) Sets New 52-Week Low – Here’s Why

iShares International Treasury Bond ETF (NASDAQ:IGOV)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $40.12 and last traded at $40.14, with a volume of 19868 shares trading hands. The stock had previously closed at $40.59.

iShares International Treasury Bond ETF Stock Down 1.1%

The firm has a 50 day moving average of $41.04 and a 200-day moving average of $41.26.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

Several hedge funds have recently made changes to their positions in the company. IFP Advisors Inc grew its position in shares of iShares International Treasury Bond ETF by 33.3% during the 2nd quarter. IFP Advisors Inc now owns 22,199 shares of the company’s stock worth $911,000 after buying an additional 5,550 shares in the last quarter. DMC Group LLC lifted its stake in iShares International Treasury Bond ETF by 7.5% in the second quarter. DMC Group LLC now owns 91,861 shares of the company’s stock worth $3,769,000 after acquiring an additional 6,392 shares during the period. Advisory Solutions Group LLC bought a new position in iShares International Treasury Bond ETF during the 2nd quarter worth about $224,000. NerdWallet Wealth Partners LLC purchased a new position in iShares International Treasury Bond ETF during the 2nd quarter valued at about $232,000. Finally, Israel Discount Bank of New York raised its holdings in shares of iShares International Treasury Bond ETF by 15.3% in the 2nd quarter. Israel Discount Bank of New York now owns 82,740 shares of the company’s stock valued at $3,395,000 after purchasing an additional 10,959 shares in the last quarter.

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.