Park Avenue Securities LLC Buys New Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Park Avenue Securities LLC acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) in the third quarter, Holdings Channel.com reports. The fund acquired 45,065 shares of the company’s stock, valued at approximately $2,102,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Blume Capital Management Inc. acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter valued at $63,000. Western Wealth Management LLC purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 1st quarter worth about $108,000. Frazier Financial Advisors LLC acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 1st quarter worth about $117,000. MassMutual Private Wealth & Trust FSB acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter worth about $133,000. Finally, Sax Wealth Advisors LLC acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter worth about $202,000. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Up 0.2%

NYSEARCA:SHM opened at $47.54 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $46.33 and a fifty-two week high of $48.48. The stock’s 50-day moving average is $47.17 and its two-hundred day moving average is $47.76.

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.