SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Reaches New 1-Year High – Time to Buy?

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFIGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $46.30 and last traded at $46.2750, with a volume of 5961 shares traded. The stock had previously closed at $46.24.

SPDR Nuveen ICE Municipal Bond ETF Price Performance

The company has a 50 day moving average of $45.91 and a 200 day moving average of $45.60.

SPDR Nuveen ICE Municipal Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On SPDR Nuveen ICE Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in TFI. Compound Planning Inc. lifted its holdings in SPDR Nuveen ICE Municipal Bond ETF by 20.0% during the 4th quarter. Compound Planning Inc. now owns 7,581 shares of the company’s stock valued at $347,000 after purchasing an additional 1,261 shares during the last quarter. Rare Wolf Capital LLC bought a new position in shares of SPDR Nuveen ICE Municipal Bond ETF in the fourth quarter valued at approximately $250,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 33.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 16,434 shares of the company’s stock worth $751,000 after acquiring an additional 4,083 shares in the last quarter. Beacon Pointe Advisors LLC grew its position in SPDR Nuveen ICE Municipal Bond ETF by 60.5% during the 4th quarter. Beacon Pointe Advisors LLC now owns 84,196 shares of the company’s stock worth $3,849,000 after acquiring an additional 31,733 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in SPDR Nuveen ICE Municipal Bond ETF during the 4th quarter worth approximately $230,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

About SPDR Nuveen ICE Municipal Bond ETF

(Get Free Report)

See Also

Receive News & Ratings for SPDR Nuveen ICE Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Nuveen ICE Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.