Northwestern Mutual Wealth Management Co. Acquires 109,552 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Northwestern Mutual Wealth Management Co. increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 3.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,950,388 shares of the company’s stock after acquiring an additional 109,552 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $141,589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SHM. First Trust Advisors LP bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter worth approximately $393,000. Main Street Financial Solutions LLC lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock valued at $742,000 after buying an additional 1,001 shares in the last quarter. Quantinno Capital Management LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter valued at about $312,000. Raymond James Financial Inc. lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% during the 2nd 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 in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the 2nd 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 in the last quarter. 99.65% of the stock is owned by institutional investors.

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

Shares of SHM opened at $47.87 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $47.42 and a 1-year high of $48.51. The company has a 50-day moving average of $47.85 and a 200 day moving average of $48.03.

About SPDR Nuveen ICE Short Term Municipal Bond ETF

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.