SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 12-Month High – Here’s Why

Shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) reached a new 52-week high during trading 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 Stock Up 0.3%

The firm’s 50-day moving average price is $21.33 and its 200 day moving average price is $21.29.

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

A number of large investors have recently modified their holdings of the business. MeadowBrook Investment Advisors LLC bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 2nd quarter valued at $25,000. Thompson Investment Management Inc. acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter valued at about $25,000. Daytona Street Capital LLC bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the fourth quarter valued at about $27,000. Triumph Capital Management acquired a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter worth about $33,000. Finally, Howe & Rusling Inc. raised its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% during 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.