Kestra Private Wealth Services LLC Raises Stock Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Kestra Private Wealth Services LLC increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 82.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,058 shares of the company’s stock after acquiring an additional 22,564 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,394,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in SHM. Bank of America Corp DE lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% during the 3rd quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock worth $963,421,000 after purchasing an additional 1,634,763 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake 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 buying an additional 109,552 shares in the last quarter. Quent Long Short Global Small Cap Fund LP acquired 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 lifted its holdings 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 buying an additional 80,868 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,583,602 shares of the company’s stock worth $75,997,000 after buying an additional 18,733 shares during the last quarter. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA:SHM opened at $47.98 on Monday. The stock has a 50-day simple moving average of $47.85 and a 200-day simple moving average of $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $47.58 and a 1 year 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.