SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) Sets New 12-Month High – Here’s What Happened

SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.30 and last traded at $46.2750, with a volume of 5961 shares traded. The stock had previously closed at $46.24.

SPDR Nuveen ICE Municipal Bond ETF Price Performance

The company has a 50-day simple moving average of $45.90 and a two-hundred day simple moving average of $45.58.

SPDR Nuveen ICE Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.1315 per share. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On SPDR Nuveen ICE Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in TFI. Nvest Wealth Strategies Inc. bought a new position in shares of SPDR Nuveen ICE Municipal Bond ETF during the fourth quarter valued at about $25,000. Coston McIsaac & Partners purchased a new stake in SPDR Nuveen ICE Municipal Bond ETF in the 4th quarter worth approximately $27,000. International Assets Investment Management LLC bought a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the 4th quarter worth approximately $41,000. Founders Financial Alliance LLC bought a new position in shares of SPDR Nuveen ICE Municipal Bond ETF during the third quarter valued at approximately $42,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in SPDR Nuveen ICE Municipal Bond ETF in the fourth quarter worth $46,000. Institutional investors own 89.83% of the company’s stock.

About SPDR Nuveen ICE Municipal Bond ETF