SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 415,892 shares, a growth of 50.5% from the July 15th total of 276,270 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 563,492 shares, the days-to-cover ratio is presently 0.7 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Capital Investment Management Inc. boosted its position in SPDR Nuveen ICE Municipal Bond ETF by 20.0% during the 2nd quarter. Capital Investment Management Inc. now owns 109,860 shares of the company’s stock worth $5,032,000 after acquiring an additional 18,297 shares during the last quarter. Mainsail Financial Group LLC bought a new position in shares of SPDR Nuveen ICE Municipal Bond ETF in the 2nd quarter valued at about $471,000. B. Riley Wealth Advisors Inc. acquired a new position in SPDR Nuveen ICE Municipal Bond ETF during the second quarter worth approximately $349,000. Revolve Wealth Partners LLC increased its holdings in shares of SPDR Nuveen ICE Municipal Bond ETF by 2.1% during the 2nd quarter. Revolve Wealth Partners LLC now owns 449,303 shares of the company’s stock worth $20,578,000 after acquiring an additional 9,308 shares during the last quarter. Finally, Sax Wealth Advisors LLC raised its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 53.7% in the second quarter. Sax Wealth Advisors LLC now owns 47,630 shares of the company’s stock valued at $2,160,000 after purchasing an additional 16,631 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 0.2%
NYSEARCA:TFI traded down $0.07 during trading hours on Tuesday, hitting $44.85. The stock had a trading volume of 78,423 shares, compared to its average volume of 471,076. SPDR Nuveen ICE Municipal Bond ETF has a one year low of $44.40 and a one year high of $46.50. The business’s 50 day moving average is $45.37 and its 200-day moving average is $45.57.
SPDR Nuveen ICE Municipal Bond ETF Company Profile
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