SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Trading Down 0.1% – What’s Next?

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) shares traded down 0.1% during trading on Wednesday . The stock traded as low as $45.59 and last traded at $45.62. 1,072,945 shares were traded during trading, an increase of 87% from the average session volume of 575,064 shares. The stock had previously closed at $45.65.

SPDR Nuveen Barclays Municipal Bond ETF Stock Down 0.1 %

The stock has a 50 day moving average price of $46.01 and a two-hundred day moving average price of $46.21.

Hedge Funds Weigh In On SPDR Nuveen Barclays Municipal Bond ETF

Several institutional investors have recently modified their holdings of TFI. Farther Finance Advisors LLC boosted its stake in shares of SPDR Nuveen Barclays Municipal Bond ETF by 20.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 6,335 shares of the company’s stock valued at $289,000 after buying an additional 1,072 shares during the period. Hardin Capital Partners LLC acquired a new stake in SPDR Nuveen Barclays Municipal Bond ETF in the second quarter valued at approximately $229,000. GAMMA Investing LLC lifted its stake in SPDR Nuveen Barclays Municipal Bond ETF by 20.8% in the third quarter. GAMMA Investing LLC now owns 5,794 shares of the company’s stock worth $271,000 after acquiring an additional 996 shares during the last quarter. Park Place Capital Corp grew its holdings in SPDR Nuveen Barclays Municipal Bond ETF by 17.4% during the 3rd quarter. Park Place Capital Corp now owns 2,299 shares of the company’s stock worth $108,000 after acquiring an additional 340 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in shares of SPDR Nuveen Barclays Municipal Bond ETF in the 3rd quarter valued at approximately $322,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

SPDR Nuveen Barclays Municipal Bond ETF Company Profile

SPDR Lehman Municipal Bond ETF, formerly SPDR Nuveen Barclays Municipal Bond ETF (the Fund), seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Municipal Managed Money Index (the Index). The Fund uses a passive management strategy designed to track the Index.