SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Bought by Waverly Advisors LLC

Waverly Advisors LLC lifted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,418 shares of the company’s stock after acquiring an additional 18,512 shares during the quarter. Waverly Advisors LLC owned 0.27% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $9,469,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after purchasing an additional 341 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at $56,000. Integrity Financial Corp WA purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth about $74,000. SHP Wealth Management purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth about $85,000. Finally, Blue Trust Inc. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 117.4% during the 1st quarter. Blue Trust Inc. now owns 2,146 shares of the company’s stock worth $103,000 after buying an additional 1,159 shares during the period. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA SHM opened at $47.41 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $47.38 and a 1 year high of $48.51. The stock’s 50-day moving average price is $47.71 and its two-hundred day moving average price is $47.86.

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.