Wakefield Asset Management LLLP Invests $622,000 in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Wakefield Asset Management LLLP bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,970 shares of the company’s stock, valued at approximately $622,000.

A number of other institutional investors have also made changes to their positions in SHM. Cornerstone Planning Group LLC acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth $28,000. Ameriflex Group Inc. grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 65.2% during the third quarter. Ameriflex Group Inc. now owns 884 shares of the company’s stock worth $43,000 after purchasing an additional 349 shares during the period. Rossmore Private Capital acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth $106,000. IFP Advisors Inc grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 37.1% during the third quarter. IFP Advisors Inc now owns 3,497 shares of the company’s stock worth $169,000 after purchasing an additional 947 shares during the period. Finally, VCI Wealth Management LLC acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter worth $202,000. 99.65% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Down 0.0%

Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $47.69 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12 month low of $47.34 and a 12 month high of $48.51. The business has a fifty day simple moving average of $47.92 and a 200 day simple moving average of $48.04.

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.