StoneX Group Inc. Buys New Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

StoneX Group Inc. purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 20,198 shares of the company’s stock, valued at approximately $957,000.

A number of other large investors have also made changes to their positions in SHM. Bank of America Corp DE lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 21,326,865 shares of the company’s stock valued at $1,020,064,000 after purchasing an additional 795,560 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 26.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,389,309 shares of the company’s stock worth $114,603,000 after purchasing an additional 494,596 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock worth $82,843,000 after buying an additional 148,431 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter worth $38,540,000. Finally, Commonwealth Equity Services LLC acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at about $29,956,000. 99.65% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA:SHM opened at $47.59 on Tuesday. The business’s 50-day moving average is $47.14 and its 200 day moving average is $47.74. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $46.33 and a 1 year high of $48.48.

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.