James Investment Research Inc. Boosts Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

James Investment Research Inc. boosted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 43.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,944 shares of the company’s stock after purchasing an additional 21,104 shares during the period. James Investment Research Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $3,345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock worth $28,000 after purchasing an additional 341 shares during the period. Ameriflex Group Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 65.2% in the 3rd quarter. Ameriflex Group Inc. now owns 884 shares of the company’s stock valued at $43,000 after buying an additional 349 shares during the period. Kingdom Financial Group LLC. acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter valued at approximately $56,000. Integrity Financial Corp WA purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter valued at approximately $74,000. Finally, SHP Wealth Management purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter valued at approximately $85,000. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Down 0.3%

Shares of SHM stock opened at $47.84 on Thursday. The business’s fifty day moving average price is $47.85 and its 200 day moving average price is $48.02. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $47.58 and a 1-year high of $48.51.

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.