Bank of America Corp DE raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) by 3.9% during the 1st quarter, Holdings Channel.com reports. The fund owned 21,326,865 shares of the company’s stock after purchasing an additional 795,560 shares during the quarter. Bank of America Corp DE owned approximately 0.30% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $1,020,064,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Quent Long Short Global Small Cap Fund LP bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter valued at approximately $85,861,000. UMB Bank n.a. bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $25,382,000. Waverly Advisors LLC grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 555.6% in the 1st quarter. Waverly Advisors LLC now owns 178,906 shares of the company’s stock worth $8,557,000 after purchasing an additional 151,617 shares during the period. PNC Financial Services Group Inc. raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock valued at $82,843,000 after buying an additional 148,431 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,840,836 shares of the company’s stock valued at $136,985,000 after buying an additional 144,526 shares during the last quarter. 99.65% of the stock is currently owned by institutional investors.
SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance
NYSEARCA SHM opened at $47.61 on Friday. The business’s fifty day moving average price is $47.83 and its 200-day moving average price is $47.98. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $47.48 and a 1-year high of $48.51.
SPDR Nuveen ICE Short Term Municipal Bond ETF Company 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. The Index tracks publicly traded municipal bonds that cover the United States dollar-denominated, short-term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds.
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Want to see what other hedge funds are holding SHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report).
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