Assetmark Inc. Has $4.18 Million Stock Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Assetmark Inc. reduced its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 53.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,406 shares of the company’s stock after selling 100,535 shares during the quarter. Assetmark Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $4,181,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SHM. Quent Long Short Global Small Cap Fund LP bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at about $85,861,000. UMB Bank n.a. bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter worth approximately $25,382,000. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% in 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 buying an additional 144,526 shares in the last quarter. Stifel Financial Corp increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 21.6% during the fourth quarter. Stifel Financial Corp now owns 501,390 shares of the company’s stock worth $24,062,000 after acquiring an additional 89,071 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its stake in 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 worth $82,355,000 after acquiring an additional 80,868 shares during the period. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Trading Down 0.1%

NYSEARCA:SHM opened at $47.70 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.58 and a fifty-two week high of $48.51. The stock has a fifty day moving average price of $47.84 and a 200-day moving average price of $48.01.

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.