SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Trading Down 0.5% – Here’s What Happened

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP)’s stock price was down 0.5% during trading on Wednesday . The stock traded as low as $38.15 and last traded at $38.37. Approximately 23,581 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 51,528 shares. The stock had previously closed at $38.57.

SPDR FTSE International Government Inflation-Protected Bond ETF Stock Performance

The stock has a 50-day moving average of $39.53 and a 200 day moving average of $39.13.

Institutional Investors Weigh In On SPDR FTSE International Government Inflation-Protected Bond ETF

A hedge fund recently raised its stake in SPDR FTSE International Government Inflation-Protected Bond ETF stock. Family Firm Inc. grew its position in SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) by 1.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,718 shares of the company’s stock after buying an additional 1,548 shares during the period. SPDR FTSE International Government Inflation-Protected Bond ETF accounts for approximately 1.1% of Family Firm Inc.’s investment portfolio, making the stock its 22nd largest position. Family Firm Inc. owned 1.14% of SPDR FTSE International Government Inflation-Protected Bond ETF worth $4,546,000 at the end of the most recent quarter.

About SPDR FTSE International Government Inflation-Protected Bond ETF

The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries.