SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Bought by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. grew its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 144.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 106,176 shares of the company’s stock after purchasing an additional 62,750 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF makes up about 1.2% of Paulson Wealth Management Inc.’s holdings, making the stock its 15th largest position. Paulson Wealth Management Inc. owned 0.15% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $5,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SHM. Advisor OS LLC lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.6% in the 3rd quarter. Advisor OS LLC now owns 7,172 shares of the company’s stock valued at $346,000 after purchasing an additional 252 shares during the last quarter. Legacy Solutions LLC grew its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% during the 4th quarter. Legacy Solutions LLC now owns 13,917 shares of the company’s stock worth $668,000 after buying an additional 254 shares during the last quarter. APS Management Group Inc. increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.8% during the fourth quarter. APS Management Group Inc. now owns 9,440 shares of the company’s stock worth $453,000 after buying an additional 258 shares during the period. Mutual Advisors LLC lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% in the fourth quarter. Mutual Advisors LLC now owns 17,940 shares of the company’s stock valued at $861,000 after buying an additional 283 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,521 shares of the company’s stock valued at $411,000 after buying an additional 304 shares during the last quarter. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM stock opened at $47.71 on Friday. The business has a 50 day simple moving average of $47.93 and a 200-day simple moving average of $48.05. SPDR Nuveen ICE Short Term Municipal Bond ETF has a twelve month low of $47.34 and a twelve month high of $48.51.

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.