Allworth Financial LP Sells 15,807 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Allworth Financial LP reduced its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,736 shares of the company’s stock after selling 15,807 shares during the period. Allworth Financial LP’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $9,489,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. First Trust Advisors LP purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter worth approximately $393,000. Main Street Financial Solutions LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% during the second quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock valued at $742,000 after acquiring an additional 1,001 shares during the last quarter. Quantinno Capital Management LP purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter valued at approximately $312,000. Raymond James Financial Inc. lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% during the second quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock valued at $11,595,000 after acquiring an additional 24,624 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the second quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock valued at $12,577,000 after acquiring an additional 38,631 shares during the last quarter. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA:SHM opened at $47.71 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $47.34 and a 52 week high of $48.51. The firm has a 50 day moving average of $47.93 and a 200 day moving average of $48.05.

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.