Boston Standard Wealth Management LLC Purchases 43,420 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Boston Standard Wealth Management LLC acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 43,420 shares of the company’s stock, valued at approximately $2,026,000. SPDR Nuveen ICE Short Term Municipal Bond ETF makes up approximately 0.3% of Boston Standard Wealth Management LLC’s holdings, making the stock its 24th biggest position.

A number of other hedge funds also recently made changes to their positions in SHM. Bank of America Corp DE lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 21,326,865 shares of the company’s stock worth $1,020,064,000 after acquiring an additional 795,560 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 26.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,389,309 shares of the company’s stock valued at $114,603,000 after acquiring an additional 494,596 shares during the period. Waverly Advisors LLC raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 555.6% in the first quarter. Waverly Advisors LLC now owns 178,906 shares of the company’s stock worth $8,557,000 after purchasing an additional 151,617 shares in the last quarter. PNC Financial Services Group Inc. raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock worth $82,843,000 after purchasing an additional 148,431 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 594.4% during the first quarter. NewEdge Advisors LLC now owns 139,246 shares of the company’s stock worth $6,660,000 after purchasing an additional 119,194 shares during the period. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Down 0.2%

NYSEARCA SHM traded down $0.10 during trading on Wednesday, reaching $46.60. 984,168 shares of the company traded hands, compared to its average volume of 315,510. The stock’s 50 day moving average price is $47.38 and its two-hundred day moving average price is $47.68. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.33 and a 1-year high of $48.48.

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.