SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 1-Year Low – Here’s Why

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) shares hit a new 52-week low during trading on Friday . The company traded as low as $19.57 and last traded at $19.58, with a volume of 107075 shares. The stock had previously closed at $19.62.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF Stock Down 0.1 %

The firm’s 50-day moving average is $20.01 and its two-hundred day moving average is $20.33.

Institutional Investors Weigh In On SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

Large investors have recently made changes to their positions in the stock. Captrust Financial Advisors bought a new position in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF in the third quarter valued at $264,000. Richardson Financial Services Inc. boosted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 2.7% during the 3rd quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock worth $394,000 after buying an additional 518 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 28.0% in the 2nd 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. Finally, City State Bank increased its position in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 3.4% in the third quarter. City State Bank now owns 215,732 shares of the company’s stock valued at $4,589,000 after acquiring an additional 7,160 shares during the last quarter.

About SPDR Bloomberg Barclays 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.