27,825 Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Bought by Wealth Forward LLC
by Scott Moore · The Cerbat GemWealth Forward LLC purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 27,825 shares of the company’s stock, valued at approximately $1,298,000. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises about 0.6% of Wealth Forward LLC’s investment portfolio, making the stock its 26th biggest position.
Several other large investors also recently made changes to their positions in SHM. Capital Advisors Wealth Management LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 38.9% during the third quarter. Capital Advisors Wealth Management LLC now owns 28,849 shares of the company’s stock worth $1,346,000 after purchasing an additional 8,074 shares during the period. Cypress Financial Planning LLC increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.4% during the third quarter. Cypress Financial Planning LLC now owns 25,604 shares of the company’s stock worth $1,194,000 after buying an additional 2,620 shares during the last quarter. GAMMA Investing LLC raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 127.0% in the third quarter. GAMMA Investing LLC now owns 179,586 shares of the company’s stock valued at $8,378,000 after buying an additional 100,465 shares during the period. Farther Finance Advisors LLC raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the third quarter. Farther Finance Advisors LLC now owns 127,268 shares of the company’s stock valued at $5,937,000 after buying an additional 4,749 shares during the period. Finally, Apella Capital LLC raised its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.5% in the third quarter. Apella Capital LLC now owns 95,637 shares of the company’s stock valued at $4,457,000 after purchasing an additional 7,499 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 Performance
Shares of SHM stock traded up $0.03 during midday trading on Wednesday, hitting $46.88. 237,519 shares of the company were exchanged, compared to its average volume of 325,309. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $46.33 and a 52 week high of $48.48. The firm’s 50 day moving average price is $47.29 and its two-hundred day moving average price is $47.64.
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.
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