SeaBridge Investment Advisors LLC Takes Position in SPDR Bloomberg Emerging Markets Local Bond ETF $EBND

SeaBridge Investment Advisors LLC acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) during the third quarter, Holdings Channel reports. The fund acquired 363,335 shares of the company’s stock, valued at approximately $7,761,000. SPDR Bloomberg Emerging Markets Local Bond ETF comprises about 1.3% of SeaBridge Investment Advisors LLC’s holdings, making the stock its 23rd largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% in the first quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock valued at $37,000 after purchasing an additional 1,369 shares during the period. Genesis Wealth Advisors LLC grew its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 3.8% during the 2nd quarter. Genesis Wealth Advisors LLC now owns 183,145 shares of the company’s stock worth $3,919,000 after purchasing an additional 6,677 shares during the period. Tempus Wealth Planning LLC increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 2.0% during the 2nd quarter. Tempus Wealth Planning LLC now owns 44,983 shares of the company’s stock worth $963,000 after purchasing an additional 877 shares during the last quarter. Raleigh Capital Management Inc. increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 3.4% during the 2nd quarter. Raleigh Capital Management Inc. now owns 48,111 shares of the company’s stock worth $1,030,000 after purchasing an additional 1,598 shares during the last quarter. Finally, Lockerman Financial Group Inc. raised its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 7.5% in the 2nd quarter. Lockerman Financial Group Inc. now owns 11,838 shares of the company’s stock valued at $253,000 after buying an additional 822 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Up 0.2%

NYSEARCA EBND opened at $21.48 on Wednesday. The firm’s 50-day moving average is $21.27 and its two-hundred day moving average is $21.28. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12 month low of $19.44 and a 12 month high of $21.68.

SPDR Bloomberg Emerging Markets Local Bond ETF Profile

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.