KFA Private Wealth Group LLC Buys New Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

KFA Private Wealth Group LLC bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the second quarter, HoldingsChannel reports. The fund bought 7,426 shares of the company’s stock, valued at approximately $355,000.

Several other institutional investors have also recently modified their holdings of SHM. NBC Securities Inc. purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 1st quarter valued at about $33,000. Blue Trust Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1,365.2% during the second quarter. Blue Trust Inc. now owns 967 shares of the company’s stock worth $46,000 after acquiring an additional 901 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 30.8% during the second quarter. Pinnacle Bancorp Inc. now owns 1,745 shares of the company’s stock worth $83,000 after acquiring an additional 411 shares in the last quarter. Hilltop National Bank purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth approximately $139,000. Finally, Richardson Financial Services Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 13.6% during the first quarter. Richardson Financial Services Inc. now owns 3,825 shares of the company’s stock worth $182,000 after acquiring an additional 459 shares in the last quarter. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM stock opened at $48.09 on Friday. The company’s 50 day moving average price is $48.23 and its two-hundred day moving average price is $47.78. SPDR Nuveen ICE Short Term Municipal Bond ETF has a one year low of $46.56 and a one year high of $48.51.

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.