SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 1-Year High – What’s Next?

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND)’s share price reached a new 52-week high on Monday . The stock traded as high as $21.72 and last traded at $21.7250, with a volume of 49649 shares changing hands. The stock had previously closed at $21.63.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

The firm has a 50-day moving average price of $21.36 and a 200-day moving average price of $21.30.

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

Hedge funds have recently bought and sold shares of the business. MeadowBrook Investment Advisors LLC bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the second quarter valued at approximately $25,000. Thompson Investment Management Inc. bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the 3rd quarter valued at approximately $25,000. Daytona Street Capital LLC purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the fourth quarter valued at $27,000. Triumph Capital Management bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter worth $33,000. Finally, Howe & Rusling Inc. boosted its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% in the second quarter. Howe & Rusling Inc. now owns 1,618 shares of the company’s stock worth $35,000 after acquiring an additional 1,530 shares in the last quarter.

About SPDR Bloomberg 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. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.