SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Hits New 52-Week Low – Here’s What Happened

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND)’s share price reached a new 52-week low on Friday . The company traded as low as $19.51 and last traded at $19.56, with a volume of 39637 shares trading hands. The stock had previously closed at $19.64.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF Stock Performance

The company’s 50 day moving average price is $19.88 and its 200-day moving average price is $20.30.

Hedge Funds Weigh In On SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EBND. City State Bank lifted its position 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 buying 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% during the third quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock worth $394,000 after acquiring an additional 518 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 27.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 71,298 shares of the company’s stock valued at $1,517,000 after purchasing an additional 15,526 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 3rd quarter valued at $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.