LJI Wealth Management LLC Has $2.38 Million Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

LJI Wealth Management LLC lowered its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,766 shares of the company’s stock after selling 1,692 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises approximately 0.4% of LJI Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding. LJI Wealth Management LLC owned about 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,380,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Blue Trust Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1,365.2% in the 2nd quarter. Blue Trust Inc. now owns 967 shares of the company’s stock valued at $46,000 after purchasing an additional 901 shares during the period. Pinnacle Bancorp Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 30.8% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,745 shares of the company’s stock valued at $83,000 after purchasing an additional 411 shares during the period. Hilltop National Bank acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter valued at $139,000. Keener Financial Planning LLC grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.9% in the 2nd quarter. Keener Financial Planning LLC now owns 3,367 shares of the company’s stock valued at $161,000 after purchasing an additional 357 shares during the period. Finally, Richardson Financial Services Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 13.6% in the 1st quarter. Richardson Financial Services Inc. now owns 3,825 shares of the company’s stock valued at $182,000 after purchasing an additional 459 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 Price Performance

NYSEARCA SHM opened at $48.07 on Friday. The company has a fifty day simple moving average of $48.22 and a 200 day simple moving average of $47.81. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $46.56 and a 12-month high of $48.51.

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.