Balentine LLC Purchases 41,364 Shares of SPDR Nuveen ICE Municipal Bond ETF $TFI

Balentine LLC boosted its position in shares of SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) by 41.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 142,282 shares of the company’s stock after purchasing an additional 41,364 shares during the quarter. SPDR Nuveen ICE Municipal Bond ETF comprises 0.2% of Balentine LLC’s holdings, making the stock its 25th biggest position. Balentine LLC owned 0.20% of SPDR Nuveen ICE Municipal Bond ETF worth $6,484,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings in SPDR Nuveen ICE Municipal Bond ETF by 17.2% in the second quarter. Concurrent Investment Advisors LLC now owns 5,657 shares of the company’s stock valued at $253,000 after purchasing an additional 829 shares during the last quarter. Gradient Investments LLC grew its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 101.3% during the 3rd quarter. Gradient Investments LLC now owns 44,519 shares of the company’s stock worth $2,029,000 after buying an additional 22,399 shares during the period. Edgestream Partners L.P. increased its stake in shares of SPDR Nuveen ICE Municipal Bond ETF by 84.0% in the 2nd quarter. Edgestream Partners L.P. now owns 24,002 shares of the company’s stock valued at $1,072,000 after acquiring an additional 10,955 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the 2nd quarter valued at approximately $1,459,000. Finally, ACT Advisors LLC. bought a new position in SPDR Nuveen ICE Municipal Bond ETF during the 3rd quarter worth approximately $8,403,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Municipal Bond ETF Stock Performance

Shares of NYSEARCA TFI opened at $46.29 on Tuesday. The firm has a 50 day moving average price of $45.86 and a 200 day moving average price of $45.56. SPDR Nuveen ICE Municipal Bond ETF has a 52-week low of $42.84 and a 52-week high of $46.29.

SPDR Nuveen ICE Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.1315 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%.

SPDR Nuveen ICE Municipal Bond ETF Company Profile