SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Sets New 1-Year High – What’s Next?

Shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) reached a new 52-week high on Wednesday . The company traded as high as $21.90 and last traded at $21.8940, with a volume of 26018 shares. The stock had previously closed at $21.82.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Up 0.5%

The stock has a 50 day simple moving average of $21.56 and a 200 day simple moving average of $21.39.

SPDR Bloomberg Emerging Markets Local Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1028 per share. This is a boost from SPDR Bloomberg Emerging Markets Local Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.6%.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. MeadowBrook Investment Advisors LLC purchased a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 2nd quarter worth about $25,000. Thompson Investment Management Inc. purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter worth approximately $25,000. Daytona Street Capital LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the fourth quarter worth about $27,000. Fifth Third Bancorp grew its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 78.1% during the fourth quarter. Fifth Third Bancorp now owns 1,519 shares of the company’s stock valued at $32,000 after purchasing an additional 666 shares in the last quarter. Finally, Triumph Capital Management bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at approximately $33,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Company 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.