Gerber Kawasaki Wealth & Investment Management Purchases 14,688 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Gerber Kawasaki Wealth & Investment Management boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 3.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 411,727 shares of the company’s stock after buying an additional 14,688 shares during the period. Gerber Kawasaki Wealth & Investment Management owned 0.56% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $19,853,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,696,310 shares of the company’s stock worth $128,965,000 after purchasing an additional 83,304 shares in the last quarter. Quent Capital LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% during the 3rd quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock valued at $79,311,000 after buying an additional 226,320 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock valued at $78,850,000 after buying an additional 90,144 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% in the second quarter. PNC Financial Services Group Inc. now owns 1,628,603 shares of the company’s stock worth $77,896,000 after buying an additional 8,521 shares in the last quarter. Finally, Karpus Management Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% in the second quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock worth $43,932,000 after buying an additional 197,281 shares in the last quarter. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

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

SHM opened at $48.20 on Monday. The company has a fifty day moving average of $48.24 and a 200 day moving average of $48.15. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $46.56 and a fifty-two week high of $48.51.

SPDR Nuveen ICE Short Term Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1121 dividend. This represents a c) annualized dividend and a dividend yield of 2.8%. This is a positive change from SPDR Nuveen ICE Short Term Municipal Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, March 2nd.

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.