SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Sold by Chatham Capital Group Inc.

Chatham Capital Group Inc. lowered its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 17.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 98,175 shares of the company’s stock after selling 20,110 shares during the quarter. Chatham Capital Group Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $4,711,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% during the third quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock worth $963,421,000 after purchasing an additional 1,634,763 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,840,836 shares of the company’s stock valued at $136,985,000 after purchasing an additional 144,526 shares in the last quarter. Quent Capital LLC increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% in the third quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock valued at $79,311,000 after purchasing an additional 226,320 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock valued at $78,850,000 after purchasing an additional 90,144 shares during the last quarter. Finally, Karpus Management Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% during the second quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock worth $43,932,000 after purchasing an additional 197,281 shares in the last quarter. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of 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 firm has a 50 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. Investors of record on Monday, March 2nd were paid a dividend of $0.1121 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 2.8%. This is an increase from SPDR Nuveen ICE Short Term Municipal Bond ETF’s previous monthly dividend of $0.10.

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.