Cetera Investment Advisers Sells 162,003 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Cetera Investment Advisers reduced its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 48.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 171,737 shares of the company’s stock after selling 162,003 shares during the quarter. Cetera Investment Advisers owned about 0.24% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $8,214,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. First Trust Advisors LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter valued at approximately $393,000. Main Street Financial Solutions LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% in 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 during the last quarter. Quantinno Capital Management LP bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter worth approximately $312,000. Raymond James Financial Inc. increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock worth $11,595,000 after buying an additional 24,624 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the second quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock worth $12,577,000 after buying an additional 38,631 shares during the last quarter. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM opened at $47.61 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $47.48 and a 1-year high of $48.51. The business has a 50 day moving average of $47.83 and a 200-day moving average of $47.98.

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.