SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Newly Acquired by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,912 shares of the company’s stock, valued at approximately $742,000.

Several other institutional investors also recently modified their holdings of the company. Keybank National Association OH acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth approximately $304,000. Global Wealth Management Investment Advisory Inc. lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.2% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 7,051 shares of the company’s stock valued at $329,000 after buying an additional 220 shares during the last quarter. Avantax Planning Partners Inc. bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter worth approximately $814,000. StoneX Group Inc. bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter worth approximately $957,000. Finally, Balentine LLC acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter worth approximately $26,000. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM stock opened at $47.42 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.33 and a 1-year high of $48.48. The business’s 50 day simple moving average is $47.13 and its 200 day simple moving average is $47.72.

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.