Janney Montgomery Scott LLC Acquires 59,821 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Janney Montgomery Scott LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 568.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,349 shares of the company’s stock after buying an additional 59,821 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.10% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $3,365,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Boston Standard Wealth Management LLC raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% during the first quarter. Boston Standard Wealth Management LLC now owns 42,445 shares of the company’s stock worth $2,028,000 after acquiring an additional 229 shares in the last quarter. Prairiewood Capital LLC boosted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.3% in the 1st quarter. Prairiewood Capital LLC now owns 18,457 shares of the company’s stock valued at $883,000 after purchasing an additional 230 shares in the last quarter. Legacy Solutions LLC boosted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% in the 4th quarter. Legacy Solutions LLC now owns 13,917 shares of the company’s stock valued at $668,000 after purchasing an additional 254 shares in the last quarter. APS Management Group Inc. grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.8% during the 4th quarter. APS Management Group Inc. now owns 9,440 shares of the company’s stock valued at $453,000 after purchasing an additional 258 shares during the last quarter. Finally, Mutual Advisors LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the 4th quarter. Mutual Advisors LLC now owns 17,940 shares of the company’s stock valued at $861,000 after purchasing an additional 283 shares during the last quarter. Institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM stock traded down $0.01 during trading on Tuesday, reaching $47.90. 128,863 shares of the company were exchanged, compared to its average volume of 284,819. The company has a 50-day moving average of $47.85 and a two-hundred day moving average of $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a twelve month low of $47.58 and a twelve 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. 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.