SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Reaches New 12-Month Low at $51.25

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $51.25 and last traded at $51.45, with a volume of 1679 shares trading hands. The stock had previously closed at $51.44.

The stock’s 50-day moving average is $51.92 and its 200-day moving average is $52.04.

Several institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors lifted its position in shares of SPDR Nuveen Barclays Municipal Bond ETF by 33.0% during the 1st quarter. Captrust Financial Advisors now owns 983 shares of the company’s stock valued at $51,000 after acquiring an additional 244 shares during the period. Oarsman Capital Inc. lifted its position in shares of SPDR Nuveen Barclays Municipal Bond ETF by 10.4% during the 2nd quarter. Oarsman Capital Inc. now owns 5,101 shares of the company’s stock valued at $266,000 after acquiring an additional 480 shares during the period. IFP Advisors Inc raised its holdings in SPDR Nuveen Barclays Municipal Bond ETF by 9.1% during the third quarter. IFP Advisors Inc now owns 5,788 shares of the company’s stock worth $299,000 after buying an additional 484 shares during the last quarter. Solstein Capital LLC acquired a new position in SPDR Nuveen Barclays Municipal Bond ETF during the second quarter worth $31,000. Finally, Johnson Financial Group LLC raised its holdings in SPDR Nuveen Barclays Municipal Bond ETF by 7.9% during the second quarter. Johnson Financial Group LLC now owns 10,450 shares of the company’s stock worth $545,000 after buying an additional 762 shares during the last quarter. Institutional investors own 76.97% of the company’s stock.

About SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)

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.

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