Quent Capital LLC Reduces Stake in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Quent Capital LLC cut its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 0.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,418,462 shares of the company’s stock after selling 872 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF makes up approximately 6.5% of Quent Capital LLC’s investment portfolio, making the stock its 2nd largest holding. Quent Capital LLC owned approximately 1.99% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $67,845,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. NBC Securities Inc. bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the first quarter valued at about $33,000. Pinnacle Bancorp Inc. raised its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 30.8% in the second quarter. Pinnacle Bancorp Inc. now owns 1,745 shares of the company’s stock valued at $83,000 after purchasing an additional 411 shares during the period. Hilltop National Bank bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the second quarter valued at about $139,000. Richardson Financial Services Inc. increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 13.6% during the first quarter. Richardson Financial Services Inc. now owns 3,825 shares of the company’s stock worth $182,000 after acquiring an additional 459 shares during the period. Finally, K2 Financial Inc. bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth about $202,000. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA:SHM opened at $48.11 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $46.56 and a 52 week high of $48.51. The firm’s 50-day simple moving average is $48.22 and its 200 day simple moving average is $47.76.

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.