SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sees Large Volume Increase – Time to Buy?

Shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (NYSEARCA:EBND) saw unusually-high trading volume on Tuesday . Approximately 1,145,140 shares traded hands during trading, an increase of 263% from the previous session’s volume of 315,291 shares.The stock last traded at $20.00 and had previously closed at $20.08.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF Stock Performance

The company’s 50 day simple moving average is $20.46 and its 200-day simple moving average is $20.38.

Hedge Funds Weigh In On SPDR Bloomberg Barclays Emerging Markets Local Bond ETF

Several institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors bought a new position in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF in the 3rd quarter worth approximately $264,000. Farther Finance Advisors LLC lifted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 27.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 71,298 shares of the company’s stock worth $1,517,000 after purchasing an additional 15,526 shares during the period. Richardson Financial Services Inc. lifted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 2.7% in the 3rd quarter. Richardson Financial Services Inc. now owns 19,751 shares of the company’s stock worth $394,000 after purchasing an additional 518 shares during the period. City State Bank lifted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 3.4% in the 3rd quarter. City State Bank now owns 215,732 shares of the company’s stock worth $4,589,000 after purchasing an additional 7,160 shares during the period. Finally, Comerica Bank lifted its stake in shares of SPDR Bloomberg Barclays Emerging Markets Local Bond ETF by 32.0% in the 1st quarter. Comerica Bank now owns 658,593 shares of the company’s stock worth $13,501,000 after purchasing an additional 159,796 shares during the period.

About SPDR Bloomberg Barclays 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.