SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Sees Strong Trading Volume – Still a Buy?

Shares of SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) saw an uptick in trading volume on Friday . 494,362 shares changed hands during mid-day trading, an increase of 337% from the previous session’s volume of 113,197 shares.The stock last traded at $40.71 and had previously closed at $40.53.

SPDR FTSE International Government Inflation-Protected Bond ETF Price Performance

The company’s 50 day moving average is $40.17 and its 200 day moving average is $39.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WIP. eCIO Inc. acquired a new stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF in the fourth quarter valued at approximately $58,000. Bristlecone Value Partners LLC acquired a new stake in SPDR FTSE International Government Inflation-Protected Bond ETF during the fourth quarter worth approximately $448,000. Mount Lucas Management LP increased its stake in SPDR FTSE International Government Inflation-Protected Bond ETF by 5.4% during the 3rd quarter. Mount Lucas Management LP now owns 20,556 shares of the company’s stock worth $806,000 after acquiring an additional 1,055 shares during the period. Ameriprise Financial Inc. increased its stake in SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock worth $3,243,000 after acquiring an additional 9,861 shares during the period. Finally, Cary Street Partners Financial LLC raised its holdings in SPDR FTSE International Government Inflation-Protected Bond ETF by 22.3% in the 3rd quarter. Cary Street Partners Financial LLC now owns 136,965 shares of the company’s stock valued at $5,370,000 after acquiring an additional 24,950 shares in the last quarter.

About SPDR FTSE International Government Inflation-Protected Bond ETF

The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries. WIP was launched on Mar 13, 2008 and is managed by State Street.