StoneX Group Inc. bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 20,198 shares of the company’s stock, valued at approximately $957,000.
Other hedge funds also recently added to or reduced their stakes in the company. Balentine LLC purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at about $26,000. Tennessee Valley Asset Management Partners boosted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.2% in the third quarter. Tennessee Valley Asset Management Partners now owns 5,279 shares of the company’s stock worth $246,000 after buying an additional 263 shares during the last quarter. Canvas Wealth Advisors LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.0% during the third quarter. Canvas Wealth Advisors LLC now owns 16,436 shares of the company’s stock worth $780,000 after acquiring an additional 1,212 shares during the period. Avant Financial Advisors LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 13.3% during the third quarter. Avant Financial Advisors LLC now owns 10,256 shares of the company’s stock worth $478,000 after acquiring an additional 1,200 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth about $29,956,000. 99.65% of the stock is owned by hedge funds and other institutional investors.
SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance
Shares of NYSEARCA:SHM opened at $47.59 on Tuesday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $46.33 and a 12-month high of $48.48. The business has a 50 day moving average of $47.14 and a two-hundred day moving average of $47.74.
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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