Wealthcare Advisory Partners LLC Trims Stock Position in SPDR Nuveen ICE Municipal Bond ETF $TFI

Wealthcare Advisory Partners LLC trimmed its holdings in SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 586,785 shares of the company’s stock after selling 44,629 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.83% of SPDR Nuveen ICE Municipal Bond ETF worth $26,740,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted 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 valued at $606,211,000 after buying an additional 387,757 shares during the period. Betterment LLC raised its position in SPDR Nuveen ICE Municipal Bond ETF by 43.0% during the second quarter. Betterment LLC now owns 13,127,515 shares of the company’s stock valued at $586,406,000 after acquiring an additional 3,945,532 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR Nuveen ICE Municipal Bond ETF by 3.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,101,819 shares of the company’s stock valued at $227,898,000 after acquiring an additional 163,110 shares during the period. Envestnet Asset Management Inc. lifted its holdings in SPDR Nuveen ICE Municipal Bond ETF by 16.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,132,808 shares of the company’s stock valued at $97,192,000 after acquiring an additional 303,938 shares during the period. Finally, Bank of Montreal Can boosted its position in SPDR Nuveen ICE Municipal Bond ETF by 13.9% in the 2nd quarter. Bank of Montreal Can now owns 1,672,375 shares of the company’s stock worth $74,705,000 after purchasing an additional 204,535 shares in the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Municipal Bond ETF Stock Up 0.2%

Shares of NYSEARCA TFI opened at $46.29 on Tuesday. The firm’s 50 day simple moving average is $45.86 and its 200-day simple moving average is $45.56. SPDR Nuveen ICE Municipal Bond ETF has a 12 month low of $42.84 and a 12 month high of $46.29.

SPDR Nuveen ICE Municipal Bond ETF Cuts Dividend

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

About SPDR Nuveen ICE Municipal Bond ETF