iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Strong Trading Volume – Here’s Why

Shares of iShares International Treasury Bond ETF (NASDAQ:IGOV) saw unusually-strong trading volume on Wednesday . 731,444 shares traded hands during trading, an increase of 87% from the previous session’s volume of 391,434 shares.The stock last traded at $40.88 and had previously closed at $40.79.

iShares International Treasury Bond ETF Stock Performance

The company’s 50-day moving average price is $41.33 and its 200 day moving average price is $41.68.

Institutional Trading of iShares International Treasury Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IGOV. Raymond James Financial Inc. bought a new stake in shares of iShares International Treasury Bond ETF during the 2nd quarter valued at $12,763,000. Bank of America Corp DE raised its holdings in iShares International Treasury Bond ETF by 431.0% in the 2nd quarter. Bank of America Corp DE now owns 273,417 shares of the company’s stock worth $11,784,000 after purchasing an additional 221,929 shares during the period. North Ridge Wealth Advisors Inc. lifted its position in iShares International Treasury Bond ETF by 4.8% during the second quarter. North Ridge Wealth Advisors Inc. now owns 162,275 shares of the company’s stock valued at $6,994,000 after purchasing an additional 7,503 shares in the last quarter. Evergreen Capital Management LLC purchased a new position in iShares International Treasury Bond ETF during the second quarter valued at $381,000. Finally, Advisory Services Network LLC bought a new stake in iShares International Treasury Bond ETF during the second quarter valued at about $690,000.

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.