Cullen Frost Bankers Inc. Purchases 616,122 Shares of SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)

Cullen Frost Bankers Inc. grew its holdings in shares of SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) by 269.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 844,390 shares of the company’s stock after buying an additional 616,122 shares during the quarter. Cullen Frost Bankers Inc. owned 1.08% of SPDR Nuveen Barclays Municipal Bond ETF worth $39,686,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TFI. Park Place Capital Corp bought a new stake in shares of SPDR Nuveen Barclays Municipal Bond ETF during the fourth quarter valued at approximately $45,000. First Horizon Advisors Inc. raised its position in SPDR Nuveen Barclays Municipal Bond ETF by 15.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 8,213 shares of the company’s stock valued at $359,000 after purchasing an additional 1,124 shares in the last quarter. Thompson Investment Management Inc. bought a new stake in SPDR Nuveen Barclays Municipal Bond ETF during the 4th quarter valued at $54,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of SPDR Nuveen Barclays Municipal Bond ETF in the 4th quarter worth $67,000. Finally, GAMMA Investing LLC bought a new position in shares of SPDR Nuveen Barclays Municipal Bond ETF during the 4th quarter worth $136,000. Institutional investors own 89.83% of the company’s stock.

SPDR Nuveen Barclays Municipal Bond ETF Stock Performance

Shares of TFI stock traded up $0.18 on Tuesday, hitting $46.09. The stock had a trading volume of 308,404 shares, compared to its average volume of 607,525. SPDR Nuveen Barclays Municipal Bond ETF has a one year low of $42.95 and a one year high of $47.17. The business has a 50 day moving average price of $46.22 and a 200 day moving average price of $46.06.

About SPDR Nuveen Barclays Municipal Bond ETF

SPDR Lehman Municipal Bond ETF, formerly SPDR Nuveen Barclays Municipal Bond ETF (the Fund), seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Municipal Managed Money Index (the Index). The Fund uses a passive management strategy designed to track the Index.