SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Reaches New 1-Year Low – Should You Sell?

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI)’s share price hit a new 52-week low on Tuesday . The company traded as low as $44.20 and last traded at $44.2250, with a volume of 77388 shares changing hands. The stock had previously closed at $44.22.

SPDR Nuveen ICE Municipal Bond ETF Trading Down 0.5%

The firm has a fifty day simple moving average of $45.00 and a 200-day simple moving average of $45.39.

Hedge Funds Weigh In On SPDR Nuveen ICE Municipal Bond ETF

Large investors have recently made changes to their positions in the company. Angeles Wealth Management LLC bought a new position in SPDR Nuveen ICE Municipal Bond ETF in the second quarter valued at about $26,000. International Assets Investment Management LLC bought a new stake in SPDR Nuveen ICE Municipal Bond ETF during the 4th quarter worth about $41,000. Delta Asset Management LLC TN raised its holdings in SPDR Nuveen ICE Municipal Bond ETF by 1,386.5% during the 4th quarter. Delta Asset Management LLC TN now owns 1,100 shares of the company’s stock worth $50,000 after purchasing an additional 1,026 shares during the last quarter. Sittner & Nelson LLC acquired a new position in SPDR Nuveen ICE Municipal Bond ETF during the 4th quarter valued at about $53,000. Finally, WFA of San Diego LLC acquired a new position in SPDR Nuveen ICE Municipal Bond ETF during the 2nd quarter valued at about $69,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

About SPDR Nuveen ICE Municipal Bond ETF