Cullen Frost Bankers Inc. Boosts Stake in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Cullen Frost Bankers Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 15.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 146,766 shares of the company’s stock after acquiring an additional 19,754 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $7,043,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Alaska Wealth Advisors boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 41.6% in the 3rd quarter. Alaska Wealth Advisors now owns 376,498 shares of the company’s stock valued at $18,155,000 after buying an additional 110,620 shares during the period. Savant Capital LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter valued at approximately $608,000. Eagle Global Advisors LLC boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 28.9% in the 4th quarter. Eagle Global Advisors LLC now owns 53,683 shares of the company’s stock valued at $2,576,000 after buying an additional 12,050 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,716,083 shares of the company’s stock valued at $82,355,000 after buying an additional 80,868 shares during the period. Finally, BCS Wealth Management boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 125.7% in the 4th quarter. BCS Wealth Management now owns 28,122 shares of the company’s stock valued at $1,350,000 after buying an additional 15,661 shares during the period. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of SHM stock opened at $47.71 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $47.34 and a 52 week high of $48.51. The firm has a 50 day moving average of $47.89 and a two-hundred day moving average of $48.04.

SPDR Nuveen ICE Short Term Municipal Bond ETF 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.