Bailard Inc. Invests $259,000 in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Bailard Inc. bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,422 shares of the company’s stock, valued at approximately $259,000.

A number of other large investors also recently bought and sold shares of SHM. PNC Financial Services Group Inc. grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% in the second quarter. PNC Financial Services Group Inc. now owns 1,628,603 shares of the company’s stock valued at $77,896,000 after purchasing an additional 8,521 shares during the period. Cascade Financial Partners LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth approximately $369,000. AE Wealth Management LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 35.6% during the second quarter. AE Wealth Management LLC now owns 30,336 shares of the company’s stock worth $1,451,000 after buying an additional 7,969 shares in the last quarter. Atlas Legacy Advisors LLC boosted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 40.7% during the second quarter. Atlas Legacy Advisors LLC now owns 8,958 shares of the company’s stock worth $428,000 after buying an additional 2,591 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.4% in the 2nd quarter. Crestwood Advisors Group LLC now owns 79,921 shares of the company’s stock valued at $3,823,000 after buying an additional 8,207 shares in the last quarter. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of SHM opened at $47.93 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $46.56 and a 12-month high of $48.51. The firm has a 50-day moving average price of $48.14 and a 200 day moving average price of $47.91.

About SPDR Nuveen ICE Short Term Municipal Bond ETF

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.