SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Position Boosted by Waverly Advisors LLC

Waverly Advisors LLC increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 555.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 178,906 shares of the company’s stock after purchasing an additional 151,617 shares during the period. Waverly Advisors LLC owned 0.25% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $8,557,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter worth approximately $393,000. Main Street Financial Solutions LLC increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock valued at $742,000 after acquiring an additional 1,001 shares during the last quarter. Quantinno Capital Management LP bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter valued at approximately $312,000. Raymond James Financial Inc. increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock valued at $11,595,000 after acquiring an additional 24,624 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock valued at $12,577,000 after acquiring an additional 38,631 shares in the last quarter. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of SHM opened at $47.60 on Tuesday. The business’s fifty day moving average price is $47.83 and its 200 day moving average price is $48.00. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $47.48 and a 12-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.