SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) Sees Unusually-High Trading Volume – Should You Buy?

SPDR Bloomberg International Treasury Bond ETF (NYSEARCA:BWX) shares saw unusually-high trading volume on Thursday . Approximately 2,471,856 shares changed hands during mid-day trading, an increase of 176% from the previous session’s volume of 894,347 shares.The stock last traded at $23.00 and had previously closed at $22.98.

SPDR Bloomberg International Treasury Bond ETF Stock Performance

The stock’s fifty day moving average is $22.69 and its 200-day moving average is $22.75.

Institutional Trading of SPDR Bloomberg International Treasury Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BWX. Allworth Financial LP lifted its stake in SPDR Bloomberg International Treasury Bond ETF by 681.3% in the 2nd quarter. Allworth Financial LP now owns 1,047 shares of the company’s stock valued at $25,000 after buying an additional 913 shares in the last quarter. TD Private Client Wealth LLC acquired a new position in SPDR Bloomberg International Treasury Bond ETF during the third quarter valued at approximately $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of SPDR Bloomberg International Treasury Bond ETF during the 4th quarter valued at $29,000. Center for Financial Planning Inc. purchased a new stake in shares of SPDR Bloomberg International Treasury Bond ETF in the second quarter worth about $33,000. Finally, Horizon Investments LLC purchased a new position in SPDR Bloomberg International Treasury Bond ETF in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About SPDR Bloomberg International Treasury Bond ETF

SPDR Barclays Capital International Treasury Bond ETF, formerly SPDR Lehman International Treasury Bond ETF is engaged in providing investment results that corresponds to the price and yield performance of the Barclays Capital Global Treasury ex-US Capped Index. The Barclays Capital Global Treasury Ex-US Capped Index includes government bonds issued by investment-grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade.