PNC Financial Services Group Inc. Has $76 Million Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

PNC Financial Services Group Inc. raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,583,602 shares of the company’s stock after purchasing an additional 18,733 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $75,997,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. First Trust Advisors LP bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter worth $393,000. Main Street Financial Solutions LLC grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% during the second quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock worth $742,000 after purchasing an additional 1,001 shares during the period. Quantinno Capital Management LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the second quarter valued at about $312,000. Raymond James Financial Inc. lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% in the second quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock valued at $11,595,000 after buying an additional 24,624 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% in the second quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock valued at $12,577,000 after buying an additional 38,631 shares during the period. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of SHM opened at $47.71 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $47.34 and a 1 year high of $48.51. The stock’s 50-day moving average price is $47.89 and its two-hundred day moving average price is $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.