Kestra Private Wealth Services LLC Acquires New Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Kestra Private Wealth Services LLC acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,023 shares of the company’s stock, valued at approximately $1,447,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SHM. Bank of America Corp DE lifted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the 1st quarter. Bank of America Corp DE now owns 21,326,865 shares of the company’s stock valued at $1,020,064,000 after purchasing an additional 795,560 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 26.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,389,309 shares of the company’s stock valued at $114,603,000 after buying an additional 494,596 shares during the period. PNC Financial Services Group Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock valued at $82,843,000 after buying an additional 148,431 shares during the period. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the third quarter worth $38,540,000. Finally, Gerber Kawasaki Wealth & Investment Management lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.5% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 540,742 shares of the company’s stock worth $25,226,000 after buying an additional 33,124 shares during the last quarter. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Up 0.1%

SHM traded up $0.03 during trading on Friday, reaching $47.58. The company had a trading volume of 381,011 shares, compared to its average volume of 345,606. The business has a 50 day simple moving average of $47.14 and a 200-day simple moving average of $47.74. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $46.33 and a 52 week high of $48.48.

SPDR Nuveen ICE Short Term Municipal Bond ETF 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.