SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Hits New 1-Year Low – Should You Sell?

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND)’s share price 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 Up 0.7 %

The business has a fifty day moving average price of $20.12 and a 200 day moving average price of $20.34.

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

Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in shares of 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 buying an additional 12,198 shares in the last quarter. City State Bank boosted its holdings in 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 acquiring an additional 7,160 shares during the period. Richardson Financial Services Inc. grew its position in SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 2.7% in the third quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock valued at $394,000 after acquiring an additional 518 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF during the third quarter valued at approximately $264,000.

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.