SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Sees Large Volume Increase – Here’s Why

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) saw an uptick in trading volume on Tuesday . 1,811,484 shares traded hands during mid-day trading, an increase of 76% from the previous session’s volume of 1,031,414 shares.The stock last traded at $45.48 and had previously closed at $45.40.

SPDR Nuveen Barclays Municipal Bond ETF Trading Down 0.2 %

The firm has a fifty day simple moving average of $45.89 and a 200 day simple moving average of $46.17.

Institutional Trading of SPDR Nuveen Barclays Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in the business. TD Private Client Wealth LLC boosted its holdings in shares of SPDR Nuveen Barclays Municipal Bond ETF by 1.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 141,532 shares of the company’s stock valued at $6,628,000 after acquiring an additional 2,320 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in SPDR Nuveen Barclays Municipal Bond ETF by 15.9% in the third quarter. IHT Wealth Management LLC now owns 21,495 shares of the company’s stock valued at $1,007,000 after purchasing an additional 2,945 shares during the last quarter. Crews Bank & Trust purchased a new stake in SPDR Nuveen Barclays Municipal Bond ETF in the fourth quarter valued at $495,000. AdvisorNet Financial Inc grew its position in SPDR Nuveen Barclays Municipal Bond ETF by 6.3% during the 4th quarter. AdvisorNet Financial Inc now owns 8,956 shares of the company’s stock worth $409,000 after purchasing an additional 530 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of SPDR Nuveen Barclays Municipal Bond ETF by 49.2% during the 4th quarter. GAMMA Investing LLC now owns 8,646 shares of the company’s stock valued at $394,000 after buying an additional 2,852 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

SPDR Nuveen Barclays Municipal Bond ETF Company Profile

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.