SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 12-Month Low – Time to Sell?

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) reached a new 52-week low during trading on Wednesday . The company traded as low as $19.72 and last traded at $19.72, with a volume of 206722 shares traded. The stock had previously closed at $19.94.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF Stock Down 1.6 %

The firm’s 50 day moving average price is $20.17 and its two-hundred day moving average price is $20.35.

Institutional Trading of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 28.0% in the second quarter. Farther Finance Advisors LLC now owns 55,772 shares of the company’s stock valued at $1,101,000 after acquiring an additional 12,198 shares in the last quarter. City State Bank increased its position in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 3.4% in the 3rd quarter. City State Bank now owns 215,732 shares of the company’s stock worth $4,589,000 after purchasing an additional 7,160 shares during the last quarter. Richardson Financial Services Inc. raised its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 2.7% in the 3rd quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock valued at $394,000 after purchasing an additional 518 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF during the third quarter worth about $264,000.

SPDR Bloomberg Barclays 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.