SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Sees Large Volume Increase – Still a Buy?

Shares of SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFIGet Free Report) saw an uptick in trading volume on Thursday . 1,949,995 shares traded hands during mid-day trading, an increase of 343% from the previous session’s volume of 440,562 shares.The stock last traded at $44.81 and had previously closed at $45.10.

SPDR Nuveen ICE Municipal Bond ETF Trading Up 0.1%

The firm’s 50-day simple moving average is $45.49 and its 200 day simple moving average is $45.67.

Institutional Investors Weigh In On SPDR Nuveen ICE Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nvest Wealth Strategies Inc. bought a new position in SPDR Nuveen ICE Municipal Bond ETF during the fourth quarter worth about $25,000. Coston McIsaac & Partners acquired a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the 4th quarter valued at approximately $27,000. International Assets Investment Management LLC bought a new position in SPDR Nuveen ICE Municipal Bond ETF during the 4th quarter worth approximately $41,000. Laurel Wealth Advisors LLC bought a new position in SPDR Nuveen ICE Municipal Bond ETF during the 4th quarter worth approximately $46,000. Finally, Breakwater Investment Management acquired a new position in SPDR Nuveen ICE Municipal Bond ETF during the fourth quarter valued at approximately $49,000. Institutional investors own 89.83% of the company’s stock.

About SPDR Nuveen ICE Municipal Bond ETF

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