iShares International Treasury Bond ETF (NASDAQ:IGOV) Hits New 52-Week Low – What’s Next?

iShares International Treasury Bond ETF (NASDAQ:IGOV) shares reached a new 52-week low on Wednesday. The company traded as low as $39.44 and last traded at $39.5210, with a volume of 12,060 shares. The stock had previously closed at $39.79.

iShares International Treasury Bond ETF Price Performance

The business has a 50-day moving average price of $40.69 and a 200-day moving average price of $41.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of iShares International Treasury Bond ETF by 108.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 319,386 shares of the company’s stock valued at $13,114,000 after purchasing an additional 166,083 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares International Treasury Bond ETF by 50.9% in the first quarter. Bank of America Corp DE now owns 276,328 shares of the company’s stock valued at $11,346,000 after purchasing an additional 93,251 shares during the period. Royal Bank of Canada boosted its position in iShares International Treasury Bond ETF by 42.5% in the 1st quarter. Royal Bank of Canada now owns 239,675 shares of the company’s stock valued at $9,841,000 after buying an additional 71,496 shares during the period. World Investment Advisors boosted its position in iShares International Treasury Bond ETF by 46.6% in the 1st quarter. World Investment Advisors now owns 113,837 shares of the company’s stock valued at $4,674,000 after buying an additional 36,200 shares during the period. Finally, Cetera Investment Advisers boosted its position in iShares International Treasury Bond ETF by 39.7% in the 1st quarter. Cetera Investment Advisers now owns 60,613 shares of the company’s stock valued at $2,489,000 after buying an additional 17,225 shares during the period.

iShares International Treasury Bond ETF Company Profile

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.