SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Stock Holdings Increased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 9.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,732,033 shares of the company’s stock after buying an additional 148,431 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $82,843,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SHM. Brown Brothers Harriman & Co. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after buying an additional 341 shares during the period. Kingdom Financial Group LLC. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $56,000. Integrity Financial Corp WA purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $74,000. SHP Wealth Management acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter valued at $85,000. Finally, Blue Trust Inc. boosted its stake in shares of 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 valued at $103,000 after buying an additional 1,159 shares during the period. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $47.70 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12 month low of $47.58 and a 12 month high of $48.51. The company’s fifty day simple moving average is $47.84 and its 200-day simple moving average is $48.01.

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. 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.