Ackerman Capital Advisors LLC Purchases 54,255 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Ackerman Capital Advisors LLC increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 106.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,142 shares of the company’s stock after purchasing an additional 54,255 shares during the period. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises about 1.0% of Ackerman Capital Advisors LLC’s investment portfolio, making the stock its 27th largest position. Ackerman Capital Advisors LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $5,046,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% in the third quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock valued at $963,421,000 after acquiring an additional 1,634,763 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,950,388 shares of the company’s stock valued at $141,589,000 after acquiring an additional 109,552 shares during the period. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter valued at $85,861,000. Cliftonlarsonallen Wealth Advisors LLC grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,716,083 shares of the company’s stock valued at $82,355,000 after acquiring an additional 80,868 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,583,602 shares of the company’s stock valued at $75,997,000 after acquiring an additional 18,733 shares during the period. 99.65% of the stock is currently owned by institutional investors.

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

Shares of NYSEARCA:SHM opened at $47.83 on Friday. The business’s fifty day moving average price is $47.84 and its two-hundred day moving average price is $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.51 and a fifty-two week high of $48.51.

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.