Waverly Advisors LLC Has $9.47 Million Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Waverly Advisors LLC lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 10.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 197,418 shares of the company’s stock after buying an additional 18,512 shares during the period. Waverly Advisors LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $9,469,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after buying an additional 341 shares in the last quarter. Kingdom Financial Group LLC. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth about $56,000. Integrity Financial Corp WA purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth about $74,000. SHP Wealth Management acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter worth about $85,000. Finally, Blue Trust Inc. boosted its position in 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 worth $103,000 after acquiring an additional 1,159 shares during the period. 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%

NYSEARCA:SHM opened at $47.41 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.38 and a fifty-two week high of $48.51. The stock’s 50-day moving average is $47.71 and its two-hundred day moving average is $47.86.

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.