SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Sets New 12-Month High – Here’s What Happened

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI)’s stock price hit 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 trading hands. The stock had previously closed at $46.24.

SPDR Nuveen ICE Municipal Bond ETF Stock Performance

The stock’s fifty day moving average is $45.90 and its two-hundred day moving average is $45.58.

SPDR Nuveen ICE Municipal Bond ETF Cuts Dividend

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

Institutional Trading of SPDR Nuveen ICE Municipal Bond ETF

Large investors have recently modified their holdings of the business. Betterment LLC increased its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 43.0% in the second quarter. Betterment LLC now owns 13,127,515 shares of the company’s stock worth $586,406,000 after purchasing an additional 3,945,532 shares during the last quarter. Wellington Management Group LLP bought a new stake in SPDR Nuveen ICE Municipal Bond ETF during the third quarter valued at approximately $39,646,000. IHT Wealth Management LLC grew its stake in SPDR Nuveen ICE Municipal Bond ETF by 2,786.6% in the 4th quarter. IHT Wealth Management LLC now owns 742,063 shares of the company’s stock worth $33,920,000 after buying an additional 716,356 shares in the last quarter. OpenArc Corporate Advisory LLC bought a new position in shares of SPDR Nuveen ICE Municipal Bond ETF in the 4th quarter worth $22,000,000. Finally, Bank of America Corp DE increased its holdings 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. Institutional investors own 89.83% of the company’s stock.

About SPDR Nuveen ICE Municipal Bond ETF