Betterment LLC Has $574.83 Million Holdings in SPDR Nuveen ICE Municipal Bond ETF $TFI

Betterment LLC lessened its stake in SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,614,228 shares of the company’s stock after selling 513,287 shares during the period. SPDR Nuveen ICE Municipal Bond ETF comprises 1.1% of Betterment LLC’s portfolio, making the stock its 18th biggest holding. Betterment LLC owned approximately 17.93% of SPDR Nuveen ICE Municipal Bond ETF worth $574,830,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in 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 valued at $606,211,000 after acquiring an additional 387,757 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 72.3% during the 2nd quarter. Raymond James Financial Inc. now owns 884,984 shares of the company’s stock worth $39,532,000 after purchasing an additional 371,228 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 570.7% during the 2nd quarter. Jane Street Group LLC now owns 423,757 shares of the company’s stock worth $18,929,000 after purchasing an additional 360,574 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 16.6% during the third quarter. Envestnet Asset Management Inc. now owns 2,132,808 shares of the company’s stock valued at $97,192,000 after purchasing an additional 303,938 shares during the period. Finally, Bank of Montreal Can increased its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 15.2% during the third quarter. Bank of Montreal Can now owns 1,926,094 shares of the company’s stock valued at $87,772,000 after purchasing an additional 253,719 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Municipal Bond ETF Stock Down 0.3%

Shares of TFI stock opened at $45.61 on Friday. SPDR Nuveen ICE Municipal Bond ETF has a one year low of $42.84 and a one year high of $46.50. The stock has a fifty day moving average price of $46.03 and a 200 day moving average price of $45.74.

SPDR Nuveen ICE Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1363 per share. 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. This represents a c) dividend on an annualized basis and a yield of 3.6%.

SPDR Nuveen ICE Municipal Bond ETF Profile