SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Reaches New 52-Week Low – Here’s What Happened

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $44.97 and last traded at $45.37, with a volume of 20591 shares traded. The stock had previously closed at $45.54.

SPDR Nuveen Barclays Municipal Bond ETF Stock Performance

The stock’s 50 day moving average is $45.97 and its 200-day moving average is $46.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Park Place Capital Corp increased its position in SPDR Nuveen Barclays Municipal Bond ETF by 17.4% during the 3rd quarter. Park Place Capital Corp now owns 2,299 shares of the company’s stock worth $108,000 after purchasing an additional 340 shares during the period. Richardson Financial Services Inc. raised its position in shares of SPDR Nuveen Barclays Municipal Bond ETF by 8.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 8,591 shares of the company’s stock worth $394,000 after purchasing an additional 649 shares during the last quarter. GAMMA Investing LLC lifted its stake in SPDR Nuveen Barclays Municipal Bond ETF by 20.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,794 shares of the company’s stock valued at $271,000 after buying an additional 996 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in shares of SPDR Nuveen Barclays Municipal Bond ETF by 1.7% during the third 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. Finally, IHT Wealth Management LLC boosted its stake in shares of SPDR Nuveen Barclays Municipal Bond ETF by 15.9% during the 3rd quarter. IHT Wealth Management LLC now owns 21,495 shares of the company’s stock worth $1,007,000 after purchasing an additional 2,945 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

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.