SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 217,324 shares, a drop of 70.3% from the September 30th total of 731,738 shares. Based on an average daily trading volume, of 1,747,589 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are short sold.
SPDR Nuveen ICE Municipal Bond ETF Trading Up 0.4%
Shares of NYSEARCA TFI traded up $0.16 during mid-day trading on Friday, hitting $44.13. The company had a trading volume of 974,517 shares, compared to its average volume of 697,848. SPDR Nuveen ICE Municipal Bond ETF has a 12 month low of $42.34 and a 12 month high of $46.50. The firm’s 50 day simple moving average is $43.63 and its two-hundred day simple moving average is $45.10.
Institutional Investors Weigh In On SPDR Nuveen ICE Municipal Bond ETF
A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in shares of SPDR Nuveen ICE Municipal Bond ETF by 20.5% in the first quarter. Bank of America Corp DE now owns 8,536,414 shares of the company’s stock valued at $387,041,000 after purchasing an additional 1,454,324 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 9.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,935,958 shares of the company’s stock valued at $134,467,000 after acquiring an additional 252,255 shares in the last quarter. Assetmark Inc. increased its stake in SPDR Nuveen ICE Municipal Bond ETF by 2.8% in the first quarter. Assetmark Inc. now owns 703,278 shares of the company’s stock valued at $31,887,000 after acquiring an additional 19,373 shares during the period. Park Avenue Securities LLC acquired a new position in SPDR Nuveen ICE Municipal Bond ETF in the third quarter worth about $22,913,000. Finally, Revolve Wealth Partners LLC lifted its stake in SPDR Nuveen ICE Municipal Bond ETF by 2.1% during the second quarter. Revolve Wealth Partners LLC now owns 449,303 shares of the company’s stock worth $20,578,000 after purchasing an additional 9,308 shares during the period. Institutional investors own 89.83% of the company’s stock.
SPDR Nuveen ICE Municipal Bond ETF Company Profile
See Also
- Five stocks we like better than SPDR Nuveen ICE Municipal Bond ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for SPDR Nuveen ICE Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Nuveen ICE Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
