SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 52-Week High – Still a Buy?

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $21.58 and last traded at $21.57, with a volume of 945389 shares trading hands. The stock had previously closed at $21.49.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

The firm has a 50 day moving average of $21.24 and a two-hundred day moving average of $20.81.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

Large investors have recently bought and sold shares of the business. MeadowBrook Investment Advisors LLC acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the second quarter valued at about $25,000. SBI Securities Co. Ltd. boosted its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 96.5% during the first quarter. SBI Securities Co. Ltd. now owns 1,676 shares of the company’s stock valued at $34,000 after purchasing an additional 823 shares in the last quarter. Howe & Rusling Inc. boosted its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% during the second quarter. Howe & Rusling Inc. now owns 1,618 shares of the company’s stock valued at $35,000 after purchasing an additional 1,530 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% during the first quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock valued at $37,000 after purchasing an additional 1,369 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the first quarter valued at about $85,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries.