SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Sold by BCS Wealth Management

BCS Wealth Management trimmed its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 42.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,047 shares of the company’s stock after selling 12,075 shares during the quarter. BCS Wealth Management’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $768,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter valued at $85,861,000. Bank of America Corp DE boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% in the 3rd quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock worth $963,421,000 after buying an additional 1,634,763 shares in the last quarter. UMB Bank n.a. acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at about $25,382,000. Northwestern Mutual Wealth Management Co. grew its stake 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 acquiring an additional 144,526 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in 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 acquiring an additional 89,071 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 SHM opened at $47.95 on Wednesday. The company has a 50-day moving average of $47.85 and a two-hundred day moving average of $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $47.58 and a 12-month 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.