DORVAL Corp Sells 2,112 Shares of SPDR Nuveen ICE Municipal Bond ETF $TFI

DORVAL Corp decreased its stake in SPDR Nuveen ICE Municipal Bond ETF (NYSEARCA:TFI) by 14.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,727 shares of the company’s stock after selling 2,112 shares during the period. DORVAL Corp’s holdings in SPDR Nuveen ICE Municipal Bond ETF were worth $568,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Total Clarity Wealth Management Inc. bought a new stake in SPDR Nuveen ICE Municipal Bond ETF in the second quarter worth about $238,000. Concurrent Investment Advisors LLC raised its position in SPDR Nuveen ICE Municipal Bond ETF by 17.2% in the second quarter. Concurrent Investment Advisors LLC now owns 5,657 shares of the company’s stock worth $253,000 after acquiring an additional 829 shares during the period. Brucke Financial Inc. raised its position in shares of SPDR Nuveen ICE Municipal Bond ETF by 23.0% in the second quarter. Brucke Financial Inc. now owns 10,162 shares of the company’s stock valued at $454,000 after purchasing an additional 1,899 shares during the period. Blue Trust Inc. bought a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the second quarter valued at approximately $67,000. Finally, Sax Wealth Advisors LLC bought a new stake in shares of SPDR Nuveen ICE Municipal Bond ETF in the second quarter valued at approximately $643,000. Institutional investors own 89.83% of the company’s stock.

SPDR Nuveen ICE Municipal Bond ETF Price Performance

NYSEARCA TFI opened at $45.70 on Wednesday. The company’s 50 day moving average is $45.14 and its 200-day moving average is $44.67. SPDR Nuveen ICE Municipal Bond ETF has a 12-month low of $42.84 and a 12-month high of $46.68.

SPDR Nuveen ICE 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.