BTS Asset Management Inc. Buys Shares of 16,665 SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND)

BTS Asset Management Inc. purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,665 shares of the company’s stock, valued at approximately $473,000. SPDR Bloomberg International Corporate Bond ETF accounts for approximately 0.5% of BTS Asset Management Inc.’s portfolio, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of IBND. Transcendent Capital Group LLC raised its position in SPDR Bloomberg International Corporate Bond ETF by 343.5% during the third quarter. Transcendent Capital Group LLC now owns 887 shares of the company’s stock valued at $27,000 after buying an additional 687 shares during the period. JPMorgan Chase & Co. grew its position in SPDR Bloomberg International Corporate Bond ETF by 1,291.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,004 shares of the company’s stock worth $1,194,000 after purchasing an additional 36,201 shares during the last quarter. Finally, Lam Group Inc. raised its holdings in SPDR Bloomberg International Corporate Bond ETF by 148.0% in the 3rd quarter. Lam Group Inc. now owns 99,710 shares of the company’s stock valued at $3,051,000 after acquiring an additional 59,505 shares in the last quarter.

SPDR Bloomberg International Corporate Bond ETF Price Performance

Shares of IBND opened at $28.00 on Friday. The stock has a 50 day simple moving average of $28.70 and a 200-day simple moving average of $29.48. SPDR Bloomberg International Corporate Bond ETF has a 1 year low of $27.69 and a 1 year high of $31.41.

SPDR Bloomberg International Corporate Bond ETF Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States.