iShares 1-3 Year International Treasury Bond ETF (NASDAQ:ISHG) Hits New 12-Month Low – Should You Sell?

iShares 1-3 Year International Treasury Bond ETF (NASDAQ:ISHG) reached a new 52-week low on Wednesday. The company traded as low as $73.33 and last traded at $73.1290, with a volume of 1,326 shares. The stock had previously closed at $73.45.

iShares 1-3 Year International Treasury Bond ETF Price Performance

The business’s fifty day simple moving average is $75.14 and its 200 day simple moving average is $75.01.

Institutional Investors Weigh In On iShares 1-3 Year International Treasury Bond ETF

An institutional investor recently bought a new position in iShares 1-3 Year International Treasury Bond ETF stock. Turim 21 Investimentos Ltda. purchased a new position in shares of iShares 1-3 Year International Treasury Bond ETF (NASDAQ:ISHG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 460,975 shares of the company’s stock, valued at approximately $34,197,000. iShares 1-3 Year International Treasury Bond ETF accounts for about 10.3% of Turim 21 Investimentos Ltda.’s portfolio, making the stock its 4th biggest position. Turim 21 Investimentos Ltda. owned about 4.63% of iShares 1-3 Year International Treasury Bond ETF as of its most recent SEC filing.

About iShares 1-3 Year International Treasury Bond ETF

iShares 1-3 Year International Treasury Bond ETF (the Fund), formerly iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/Citigroup International Treasury Bond Index Ex-US 1-3 Year (the Index). The Index is a diverse, market value-weighted index designed to measure the performance of treasury bonds issued in local currencies by developed market countries outside the United States that have a remaining maturity of greater than 1 year and less than or equal to 3 years.