Dakota Wealth Management Sells 35,229 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Dakota Wealth Management cut its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 66.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,971 shares of the company’s stock after selling 35,229 shares during the quarter. Dakota Wealth Management’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $862,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.9% in the 3rd quarter. Opal Wealth Advisors LLC now owns 29,205 shares of the company’s stock valued at $1,408,000 after acquiring an additional 252 shares during the period. Advisor OS LLC lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.6% during the third quarter. Advisor OS LLC now owns 7,172 shares of the company’s stock worth $346,000 after purchasing an additional 252 shares during the period. First International Bank & Trust lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.6% during the third quarter. First International Bank & Trust now owns 45,999 shares of the company’s stock worth $2,218,000 after purchasing an additional 274 shares during the period. Wilmington Savings Fund Society FSB grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,521 shares of the company’s stock worth $411,000 after purchasing an additional 304 shares during the last quarter. Finally, Rock Point Advisors LLC grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.5% in the third quarter. Rock Point Advisors LLC now owns 7,315 shares of the company’s stock worth $353,000 after purchasing an additional 315 shares during the last quarter. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA SHM opened at $47.79 on Monday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.51. The stock has a fifty day simple moving average of $48.22 and a 200 day simple moving average of $48.12.

SPDR Nuveen ICE Short Term Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.1121 dividend. This is a boost from SPDR Nuveen ICE Short Term Municipal Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%.

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. 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.