iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Strong Trading Volume – Here’s Why

iShares International Treasury Bond ETF (NASDAQ:IGOV) shares saw an uptick in trading volume on Thursday . 1,453,191 shares changed hands during mid-day trading, an increase of 310% from the previous session’s volume of 354,594 shares.The stock last traded at $42.7120 and had previously closed at $42.67.

iShares International Treasury Bond ETF Trading Up 0.2%

The stock’s 50 day moving average price is $42.11 and its 200 day moving average price is $42.24.

iShares International Treasury Bond ETF Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.587 per share. This is an increase from iShares International Treasury Bond ETF’s previous annual dividend of $0.23. This represents a yield of 142.0%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of iShares International Treasury Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC raised its holdings in shares of iShares International Treasury Bond ETF by 71.2% in the 2nd quarter. CWM LLC now owns 4,560 shares of the company’s stock worth $197,000 after purchasing an additional 1,897 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares International Treasury Bond ETF by 77.7% in the second quarter. Envestnet Asset Management Inc. now owns 93,527 shares of the company’s stock valued at $4,031,000 after buying an additional 40,904 shares during the period. Red Lighthouse Investment Management LLC lifted its position in iShares International Treasury Bond ETF by 39.8% during the second quarter. Red Lighthouse Investment Management LLC now owns 4,988 shares of the company’s stock valued at $215,000 after buying an additional 1,419 shares in the last quarter. Boyd Watterson Asset Management LLC OH purchased a new stake in iShares International Treasury Bond ETF during the second quarter worth approximately $26,000. Finally, World Investment Advisors purchased a new stake in iShares International Treasury Bond ETF during the second quarter worth approximately $2,725,000.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.