Evensky & Katz LLC Grows Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Evensky & Katz LLC boosted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 10.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,667 shares of the company’s stock after purchasing an additional 853 shares during the period. Evensky & Katz LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $415,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. NBC Securities Inc. purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the first quarter worth approximately $33,000. GAMMA Investing LLC raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 28.8% during the 1st quarter. GAMMA Investing LLC now owns 30,626 shares of the company’s stock worth $1,458,000 after buying an additional 6,857 shares during the last quarter. Janney Capital Management LLC raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.1% during the 1st quarter. Janney Capital Management LLC now owns 61,505 shares of the company’s stock worth $2,928,000 after buying an additional 1,878 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 15,505 shares of the company’s stock worth $738,000 after acquiring an additional 718 shares during the period. Finally, Columbia River Financial Group LLC boosted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% in the first quarter. Columbia River Financial Group LLC now owns 50,756 shares of the company’s stock valued at $2,416,000 after acquiring an additional 3,294 shares in the last quarter. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA SHM opened at $48.11 on Monday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52-week low of $46.56 and a 52-week high of $48.51. The firm has a 50-day moving average price of $48.22 and a 200 day moving average price of $47.76.

SPDR Nuveen ICE Short Term Municipal Bond ETF Profile

SPDR Nuveen Barclays Short Term Municipal Bond ETF (the Fund), formerly SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF, correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the Index). The Fund uses a passive management strategy designed to track the Index.