Precision Wealth Strategies LLC Sells 12,493 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Precision Wealth Strategies LLC lowered its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 11.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,536 shares of the company’s stock after selling 12,493 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises approximately 1.5% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 16th largest holding. Precision Wealth Strategies LLC owned about 0.13% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $4,426,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. First Trust Advisors LP acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth $393,000. Main Street Financial Solutions LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% during the second quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock valued at $742,000 after buying an additional 1,001 shares during the last quarter. Quantinno Capital Management LP acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter valued at about $312,000. Raymond James Financial Inc. increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% during the second quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock worth $11,595,000 after acquiring an additional 24,624 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the second quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock worth $12,577,000 after acquiring an additional 38,631 shares in the last quarter. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

SHM opened at $47.81 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.58 and a fifty-two week high of $48.51. The company’s 50-day moving average is $47.84 and its 200 day moving average is $48.01.

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.