Kestra Advisory Services LLC Raises Stock Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Kestra Advisory Services LLC lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 40.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,581 shares of the company’s stock after acquiring an additional 16,506 shares during the quarter. Kestra Advisory Services LLC owned about 0.08% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,754,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after purchasing an additional 341 shares during the period. Kingdom Financial Group LLC. purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter worth about $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 worth about $74,000. SHP Wealth Management acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter valued at about $85,000. Finally, Blue Trust Inc. grew its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 117.4% in the first 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 in the last quarter. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA:SHM opened at $47.81 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a one year low of $47.58 and a one year high of $48.51. The business’s 50-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.