SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) Sees Large Volume Increase – What’s Next?

SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) shares saw an uptick in trading volume on Monday . 2,171,582 shares changed hands during trading, an increase of 126% from the previous session’s volume of 959,848 shares.The stock last traded at $45.15 and had previously closed at $45.34.

SPDR Nuveen Barclays Municipal Bond ETF Price Performance

The stock’s fifty day moving average price is $45.97 and its two-hundred day moving average price is $46.19.

Hedge Funds Weigh In On SPDR Nuveen Barclays Municipal Bond ETF

Large investors have recently bought and sold shares of the stock. Park Place Capital Corp increased its stake in 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 purchasing an additional 340 shares during the period. GAMMA Investing LLC increased its position in SPDR Nuveen Barclays Municipal Bond ETF by 20.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,794 shares of the company’s stock valued at $271,000 after acquiring an additional 996 shares during the period. Arkadios Wealth Advisors purchased a new stake in SPDR Nuveen Barclays Municipal Bond ETF during the 3rd quarter valued at approximately $322,000. Richardson Financial Services Inc. lifted its position in SPDR Nuveen Barclays Municipal Bond ETF by 8.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 8,591 shares of the company’s stock worth $394,000 after acquiring an additional 649 shares during the period. Finally, AdvisorNet Financial Inc increased its holdings in shares of SPDR Nuveen Barclays Municipal Bond ETF by 6.3% in the fourth 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 period. Institutional investors and hedge funds own 89.83% of the company’s stock.

About SPDR Nuveen Barclays Municipal Bond ETF

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.