Detalus Advisors LLC Has $2.52 Million Stock Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Detalus Advisors LLC reduced its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 19.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,721 shares of the company’s stock after selling 12,388 shares during the period. Detalus Advisors LLC owned approximately 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,522,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Hurlow Wealth Management Group Inc. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.0% in the first quarter. Hurlow Wealth Management Group Inc. now owns 31,119 shares of the company’s stock valued at $1,488,000 after acquiring an additional 299 shares during the period. Janney Montgomery Scott LLC raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 568.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 70,349 shares of the company’s stock valued at $3,365,000 after purchasing an additional 59,821 shares during the last quarter. Boston Standard Wealth Management LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% in the 1st quarter. Boston Standard Wealth Management LLC now owns 42,445 shares of the company’s stock valued at $2,028,000 after purchasing an additional 229 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 82.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 50,058 shares of the company’s stock valued at $2,394,000 after purchasing an additional 22,564 shares during the period. Finally, Friedenthal Financial grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 7.7% in the 1st quarter. Friedenthal Financial now owns 19,154 shares of the company’s stock worth $916,000 after purchasing an additional 1,366 shares during the last quarter. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA SHM opened at $47.98 on Monday. The company’s fifty day moving average is $47.85 and its two-hundred day moving average is $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52-week low of $47.58 and a 52-week high of $48.51.

About SPDR Nuveen ICE Short Term Municipal Bond ETF

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.