Truist Financial Corp Reduces Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Truist Financial Corp cut its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,487 shares of the company’s stock after selling 26,420 shares during the quarter. Truist Financial Corp owned about 0.25% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $8,710,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Legacy Edge Advisors LLC purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter valued at $415,000. Benjamin Edwards Inc. grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% during the fourth quarter. Benjamin Edwards Inc. now owns 127,296 shares of the company’s stock valued at $6,109,000 after buying an additional 6,538 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the fourth quarter. Mutual Advisors LLC now owns 17,940 shares of the company’s stock valued at $861,000 after buying an additional 283 shares during the last quarter. Precision Wealth Strategies LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.4% during the fourth quarter. Precision Wealth Strategies LLC now owns 105,029 shares of the company’s stock valued at $5,040,000 after buying an additional 2,425 shares during the last quarter. Finally, Pure Portfolios Holdings LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.6% during the fourth quarter. Pure Portfolios Holdings LLC now owns 143,002 shares of the company’s stock valued at $6,863,000 after buying an additional 11,321 shares during the last quarter. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of SHM opened at $47.80 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $47.28 and a 1-year high of $48.51. The company’s fifty day moving average price is $47.99 and its 200-day moving average price is $48.06.

SPDR Nuveen ICE Short Term Municipal Bond ETF Company 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.