iShares International Treasury Bond ETF (NASDAQ:IGOV) Hits New 52-Week Low – Time to Sell?

iShares International Treasury Bond ETF (NASDAQ:IGOV) hit a new 52-week low on Monday. The stock traded as low as $39.48 and last traded at $39.63, with a volume of 3676 shares. The stock had previously closed at $39.65.

iShares International Treasury Bond ETF Trading Up 0.3%

The stock has a 50 day moving average of $40.89 and a 200-day moving average of $41.15.

Institutional Trading of iShares International Treasury Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares International Treasury Bond ETF by 108.3% during 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 lifted its holdings in iShares International Treasury Bond ETF by 50.9% during the 1st quarter. Bank of America Corp DE now owns 276,328 shares of the company’s stock valued at $11,346,000 after buying an additional 93,251 shares in the last quarter. Royal Bank of Canada lifted its holdings in iShares International Treasury Bond ETF by 42.5% during 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 in the last quarter. North Ridge Wealth Advisors Inc. boosted its position in iShares International Treasury Bond ETF by 4.5% in the 4th quarter. North Ridge Wealth Advisors Inc. now owns 180,788 shares of the company’s stock valued at $7,532,000 after buying an additional 7,813 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares International Treasury Bond ETF by 9.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 176,240 shares of the company’s stock valued at $7,231,000 after buying an additional 14,570 shares during the period.

About iShares International Treasury Bond ETF

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.