SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) Reaches New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $47.47 and last traded at $47.49, with a volume of 4516 shares. The stock had previously closed at $47.53.

SPDR Nuveen ICE Short Term Municipal Bond ETF Trading Down 0.1%

The firm has a fifty day moving average of $47.71 and a 200 day moving average of $47.87.

Institutional Investors Weigh In On SPDR Nuveen ICE Short Term Municipal Bond ETF

Institutional investors have recently modified their holdings of the business. Boston Standard Wealth Management LLC raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% in the 1st quarter. Boston Standard Wealth Management LLC now owns 42,445 shares of the company’s stock worth $2,028,000 after purchasing an additional 229 shares during the period. Prairiewood Capital LLC increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.3% in the first quarter. Prairiewood Capital LLC now owns 18,457 shares of the company’s stock valued at $883,000 after buying an additional 230 shares in the last quarter. Legacy Solutions LLC raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% during the 2nd quarter. Legacy Solutions LLC now owns 15,334 shares of the company’s stock worth $736,000 after buying an additional 280 shares during the period. Hurlow Wealth Management Group Inc. lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.0% during the 1st quarter. Hurlow Wealth Management Group Inc. now owns 31,119 shares of the company’s stock valued at $1,488,000 after buying an additional 299 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,521 shares of the company’s stock valued at $411,000 after acquiring an additional 304 shares in the last quarter. 99.65% of the stock is currently owned by institutional investors and hedge funds.

About SPDR Nuveen ICE Short Term Municipal Bond ETF

(Get Free Report)

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.

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