Alaska Wealth Advisors LLC raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) by 15.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 467,214 shares of the company’s stock after purchasing an additional 61,317 shares during the period. SPDR Nuveen ICE Short Term Municipal Bond ETF makes up about 2.7% of Alaska Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Alaska Wealth Advisors LLC owned approximately 0.65% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $22,347,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in SHM. Bank of America Corp DE boosted its stake in shares of 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 buying an additional 1,634,763 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,950,388 shares of the company’s stock worth $141,589,000 after acquiring an additional 109,552 shares during the period. Quent Long Short Global Small Cap Fund LP acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at $85,861,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the 4th 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 in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of 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 valued at $75,997,000 after acquiring an additional 18,733 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 0.3%
NYSEARCA:SHM opened at $47.84 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 $47.85 and a 200-day moving average price of $48.02.
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.
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