Transcendent Capital Group LLC Trims Stock Position in SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI)

Transcendent Capital Group LLC cut its holdings in SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) by 11.0% during the third quarter, HoldingsChannel reports. The fund owned 20,801 shares of the company’s stock after selling 2,559 shares during the period. Transcendent Capital Group LLC’s holdings in SPDR Nuveen Barclays Municipal Bond ETF were worth $974,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TFI. Lynx Investment Advisory acquired a new position in shares of SPDR Nuveen Barclays Municipal Bond ETF in the 2nd quarter valued at $63,000. Park Place Capital Corp raised its holdings in SPDR Nuveen Barclays Municipal Bond ETF by 127.5% in the 2nd quarter. Park Place Capital Corp now owns 1,959 shares of the company’s stock valued at $90,000 after buying an additional 1,098 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in SPDR Nuveen Barclays Municipal Bond ETF by 12.2% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 4,021 shares of the company’s stock valued at $184,000 after buying an additional 438 shares during the last quarter. GAMMA Investing LLC boosted its stake in SPDR Nuveen Barclays Municipal Bond ETF by 59.2% during the second quarter. GAMMA Investing LLC now owns 4,798 shares of the company’s stock worth $220,000 after buying an additional 1,785 shares during the period. Finally, Hardin Capital Partners LLC acquired a new stake in shares of SPDR Nuveen Barclays Municipal Bond ETF during the second quarter valued at about $229,000. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Nuveen Barclays Municipal Bond ETF Stock Performance

Shares of TFI stock opened at $46.05 on Friday. The firm’s 50 day moving average price is $46.38 and its 200-day moving average price is $46.11. SPDR Nuveen Barclays Municipal Bond ETF has a one year low of $44.15 and a one year high of $47.17.

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.