Aventura Private Wealth LLC Takes Position in SPDR Nuveen ICE Municipal Bond ETF $TFI

Aventura Private Wealth LLC acquired a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,715 shares of the company’s stock, valued at approximately $535,000.

Several other hedge funds also recently added to or reduced their stakes in TFI. Betterment LLC raised its stake in SPDR Nuveen ICE Municipal Bond ETF by 43.0% during the second quarter. Betterment LLC now owns 13,127,515 shares of the company’s stock valued at $586,406,000 after buying an additional 3,945,532 shares in the last quarter. Wellington Management Group LLP acquired a new position in SPDR Nuveen ICE Municipal Bond ETF in the third quarter worth $39,646,000. Bank of America Corp DE lifted its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 13,570,885 shares of the company’s stock worth $606,211,000 after buying an additional 387,757 shares during the last quarter. Raymond James Financial Inc. raised its stake in SPDR Nuveen ICE Municipal Bond ETF by 72.3% during the second quarter. Raymond James Financial Inc. now owns 884,984 shares of the company’s stock worth $39,532,000 after acquiring an additional 371,228 shares during the period. Finally, Jane Street Group LLC raised its stake in SPDR Nuveen ICE Municipal Bond ETF by 570.7% during the second quarter. Jane Street Group LLC now owns 423,757 shares of the company’s stock worth $18,929,000 after acquiring an additional 360,574 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Municipal Bond ETF Price Performance

Shares of NYSEARCA TFI opened at $45.18 on Friday. The firm’s 50-day moving average price is $46.00 and its two-hundred day moving average price is $45.78. SPDR Nuveen ICE Municipal Bond ETF has a 52-week low of $42.84 and a 52-week high of $46.50.

SPDR Nuveen ICE Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1363 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from SPDR Nuveen ICE Municipal Bond ETF’s previous monthly dividend of $0.13.

SPDR Nuveen ICE Municipal Bond ETF Company Profile