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

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) saw strong trading volume on Tuesday . 1,811,484 shares traded hands during 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 Stock Up 0.2 %

The firm’s 50 day moving average price is $45.91 and its 200-day moving average price is $46.18.

Institutional Trading of SPDR Nuveen Barclays Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in TFI. Park Place Capital Corp grew its holdings in shares of SPDR Nuveen Barclays Municipal Bond ETF by 17.4% in the third quarter. Park Place Capital Corp now owns 2,299 shares of the company’s stock worth $108,000 after acquiring an additional 340 shares during the period. Richardson Financial Services Inc. boosted its position in SPDR Nuveen Barclays Municipal Bond ETF by 8.2% in the third 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 grew its stake in shares of SPDR Nuveen Barclays Municipal Bond ETF by 20.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,794 shares of the company’s stock valued at $271,000 after purchasing an additional 996 shares during the period. AdvisorNet Financial Inc increased its position in shares of 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 valued at $409,000 after purchasing an additional 530 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its stake 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 worth $6,628,000 after purchasing an additional 2,320 shares during the period. Hedge funds and other institutional investors 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.