SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Sees Large Volume Increase – Should You Buy?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) saw an uptick in trading volume on Tuesday . 12,748,110 shares traded hands during mid-day trading, an increase of 2,233% from the previous session’s volume of 546,521 shares.The stock last traded at $23.00 and had previously closed at $22.81.

SPDR Bloomberg International Treasury Bond ETF Price Performance

The stock has a fifty day moving average of $22.52 and a 200 day moving average of $22.75.

Institutional Investors Weigh In On SPDR Bloomberg International Treasury Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in SPDR Bloomberg International Treasury Bond ETF by 681.3% during the second quarter. Allworth Financial LP now owns 1,047 shares of the company’s stock valued at $25,000 after purchasing an additional 913 shares in the last quarter. Keener Financial Planning LLC purchased a new position in shares of SPDR Bloomberg International Treasury Bond ETF during the 2nd quarter valued at $27,000. TD Private Client Wealth LLC bought a new position in SPDR Bloomberg International Treasury Bond ETF in the 3rd quarter worth $28,000. Flagship Harbor Advisors LLC purchased a new stake in SPDR Bloomberg International Treasury Bond ETF in the 4th quarter worth $29,000. Finally, Center for Financial Planning Inc. purchased a new stake in SPDR Bloomberg International Treasury Bond ETF in the 2nd quarter worth $33,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

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.