SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Sees Strong Trading Volume – Still a Buy?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) shares saw unusually-high trading volume on Thursday . Approximately 2,471,856 shares changed hands during trading, an increase of 176% from the previous session’s volume of 894,347 shares.The stock last traded at $23.00 and had previously closed at $22.98.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The firm has a 50 day moving average price of $22.67 and a 200-day moving average price of $22.74.

Institutional Investors Weigh In On SPDR Bloomberg International Treasury Bond ETF

Several institutional investors have recently modified their holdings of the business. Cerity Partners OCIO LLC lifted its holdings in SPDR Bloomberg International Treasury Bond ETF by 58.6% in the second quarter. Cerity Partners OCIO LLC now owns 7,984,272 shares of the company’s stock valued at $187,551,000 after buying an additional 2,949,774 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 11.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,099,331 shares of the company’s stock valued at $166,763,000 after purchasing an additional 733,456 shares during the period. Citigroup Inc. boosted its position in shares of SPDR Bloomberg International Treasury Bond ETF by 19,000.0% in the 2nd quarter. Citigroup Inc. now owns 3,753,724 shares of the company’s stock worth $88,175,000 after purchasing an additional 3,734,071 shares during the last quarter. Morgan Stanley boosted its position in shares of SPDR Bloomberg International Treasury Bond ETF by 9.6% in the 4th quarter. Morgan Stanley now owns 3,095,764 shares of the company’s stock worth $69,748,000 after purchasing an additional 271,894 shares during the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in shares of SPDR Bloomberg International Treasury Bond ETF by 2.8% during the third quarter. Checchi Capital Advisers LLC now owns 1,672,822 shares of the company’s stock worth $38,475,000 after purchasing an additional 45,290 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

SPDR Bloomberg International Treasury Bond ETF Company Profile

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.