Wealth Management Resources Inc. Boosts Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Wealth Management Resources Inc. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 13.9% during the second quarter, Holdings Channel reports. The firm owned 12,516 shares of the company’s stock after buying an additional 1,529 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises approximately 0.2% of Wealth Management Resources Inc.’s holdings, making the stock its 27th biggest position. Wealth Management Resources Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $599,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SHM. NBC Securities Inc. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the first quarter worth $33,000. GAMMA Investing LLC boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 28.8% during the first quarter. GAMMA Investing LLC now owns 30,626 shares of the company’s stock worth $1,458,000 after purchasing an additional 6,857 shares in the last quarter. Janney Capital Management LLC lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.1% in the first quarter. Janney Capital Management LLC now owns 61,505 shares of the company’s stock valued at $2,928,000 after acquiring an additional 1,878 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 15,505 shares of the company’s stock valued at $738,000 after acquiring an additional 718 shares in the last quarter. Finally, Columbia River Financial Group LLC lifted its position 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 currently owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of NYSEARCA:SHM opened at $48.09 on Friday. 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 stock’s fifty day simple moving average is $48.23 and its 200-day simple moving average is $47.78.

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.