Waverly Advisors LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) by 555.6% during the 1st quarter, Holdings Channel reports. The fund owned 178,906 shares of the company’s stock after acquiring an additional 151,617 shares during the quarter. Waverly Advisors LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $8,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after purchasing an additional 341 shares in the last quarter. Kingdom Financial Group LLC. bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at about $56,000. Integrity Financial Corp WA bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at about $74,000. SHP Wealth Management acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter valued at about $85,000. Finally, Blue Trust Inc. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 117.4% during the 1st quarter. Blue Trust Inc. now owns 2,146 shares of the company’s stock valued at $103,000 after buying an additional 1,159 shares during the period. Institutional investors own 99.65% of the company’s stock.
SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance
SHM stock opened at $47.60 on Tuesday. The firm’s 50-day moving average is $47.83 and its two-hundred day moving average is $48.00. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $47.48 and a 52 week high of $48.51.
About SPDR Nuveen ICE Short Term Municipal Bond ETF
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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