NewEdge Advisors LLC Acquires 119,194 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

NewEdge Advisors LLC raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 594.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 139,246 shares of the company’s stock after purchasing an additional 119,194 shares during the period. NewEdge Advisors LLC owned approximately 0.19% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $6,660,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Brown Brothers Harriman & Co. raised its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after buying an additional 341 shares in the last quarter. Kingdom Financial Group LLC. acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter worth approximately $56,000. Integrity Financial Corp WA bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter worth $74,000. SHP Wealth Management bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter worth $85,000. Finally, Blue Trust Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 117.4% in the 1st quarter. Blue Trust Inc. now owns 2,146 shares of the company’s stock valued at $103,000 after acquiring an additional 1,159 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 Price Performance

SHM opened at $47.68 on Tuesday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52-week low of $47.48 and a 52-week high of $48.51. The business’s fifty day moving average is $47.81 and its 200-day moving average is $47.96.

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.