Valmark Advisers Inc. Makes New $6.80 Million Investment in SPDR Bloomberg Emerging Markets Local Bond ETF $EBND

Valmark Advisers Inc. purchased a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) in the 3rd quarter, Holdings Channel reports. The fund purchased 330,099 shares of the company’s stock, valued at approximately $6,800,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Private Advisory Group LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the 3rd quarter worth about $2,179,000. StoneX Group Inc. bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at about $245,000. Ashton Thomas Private Wealth LLC raised its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 69.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 64,988 shares of the company’s stock valued at $1,339,000 after acquiring an additional 26,665 shares during the period. Kestra Advisory Services LLC raised its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 87.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 25,358 shares of the company’s stock valued at $522,000 after acquiring an additional 11,800 shares during the period. Finally, Valtinson Bruner Financial Planning LLC lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 96.6% during the third quarter. Valtinson Bruner Financial Planning LLC now owns 200,646 shares of the company’s stock worth $4,133,000 after acquiring an additional 98,566 shares during the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of NYSEARCA EBND traded down $0.04 during trading hours on Friday, reaching $20.41. 236,195 shares of the stock were exchanged, compared to its average volume of 380,626. SPDR Bloomberg Emerging Markets Local Bond ETF has a 52 week low of $20.36 and a 52 week high of $21.94. The stock’s fifty day simple moving average is $20.69 and its 200 day simple moving average is $20.98.

About SPDR Bloomberg Emerging Markets Local Bond ETF

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. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc., Standard & Poor’s, Inc. and Fitch Inc. SSgA Funds Management, Inc. serves as the investment adviser to the Fund.