SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Hits New 52-Week Low – What’s Next?

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)’s stock price hit 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 Price Performance

The company has a 50 day moving average price of $45.98 and a 200 day moving average price of $46.20.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TFI. Hardin Capital Partners LLC bought a new stake in shares of SPDR Nuveen Barclays Municipal Bond ETF in the second quarter valued at about $229,000. GAMMA Investing LLC raised its stake in SPDR Nuveen Barclays Municipal Bond ETF by 20.8% in the third quarter. GAMMA Investing LLC now owns 5,794 shares of the company’s stock valued at $271,000 after buying an additional 996 shares during the period. Park Place Capital Corp lifted its position 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 valued at $108,000 after buying an additional 340 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of SPDR Nuveen Barclays Municipal Bond ETF during the 3rd quarter worth approximately $322,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of 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 valued at $394,000 after purchasing an additional 649 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.