Fifth Third Bancorp lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) by 17,723.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,471 shares of the company’s stock after acquiring an additional 53,171 shares during the period. Fifth Third Bancorp’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $2,558,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in SHM. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter worth approximately $85,861,000. UMB Bank n.a. bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter valued at $25,382,000. Northwestern Mutual Wealth Management Co. boosted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% during the 3rd 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. Stifel Financial Corp increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 21.6% during the 4th quarter. Stifel Financial Corp now owns 501,390 shares of the company’s stock valued at $24,062,000 after purchasing an additional 89,071 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,716,083 shares of the company’s stock valued at $82,355,000 after purchasing an additional 80,868 shares during the period. 99.65% of the stock is currently owned by institutional investors.
SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance
SHM opened at $47.81 on Tuesday. The stock’s fifty day moving average is $47.84 and its 200-day moving average is $48.01. SPDR Nuveen ICE Short Term Municipal Bond ETF has a one year low of $47.58 and a one year high of $48.51.
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.
Read More
- Five stocks we like better than SPDR Nuveen ICE Short Term Municipal Bond ETF
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
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).
Receive News & Ratings for SPDR Nuveen ICE Short Term Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Nuveen ICE Short Term Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
