SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Reaches New 52-Week Low – Should You Sell?

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $43.52 and last traded at $43.6390, with a volume of 1485070 shares. The stock had previously closed at $43.62.

SPDR Nuveen ICE Municipal Bond ETF Stock Up 0.1%

The company has a fifty day moving average price of $44.73 and a two-hundred day moving average price of $45.26.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Angeles Wealth Management LLC bought a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF during the 2nd quarter worth approximately $26,000. Delta Asset Management LLC TN increased its holdings in SPDR Nuveen ICE Municipal Bond ETF by 1,386.5% during the fourth quarter. Delta Asset Management LLC TN now owns 1,100 shares of the company’s stock worth $50,000 after buying an additional 1,026 shares during the last quarter. Sittner & Nelson LLC bought a new stake in SPDR Nuveen ICE Municipal Bond ETF during the fourth quarter worth $53,000. Western Wealth Management LLC bought a new stake in SPDR Nuveen ICE Municipal Bond ETF during the first quarter worth $94,000. Finally, Blueline Advisors LLC acquired a new stake in SPDR Nuveen ICE Municipal Bond ETF in the fourth quarter valued at $147,000. 89.83% of the stock is currently owned by institutional investors.

About SPDR Nuveen ICE Municipal Bond ETF