Ackerman Capital Advisors LLC Purchases 16,914 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Ackerman Capital Advisors LLC grew its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 49.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,887 shares of the company’s stock after purchasing an additional 16,914 shares during the period. Ackerman Capital Advisors LLC owned approximately 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SHM. Karpus Management Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% during the second quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock worth $43,932,000 after buying an additional 197,281 shares in the last quarter. Precision Wealth Strategies LLC purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter valued at about $5,210,000. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock valued at $78,850,000 after acquiring an additional 90,144 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,696,310 shares of the company’s stock valued at $128,965,000 after acquiring an additional 83,304 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 657,896 shares of the company’s stock worth $31,467,000 after purchasing an additional 68,293 shares in the last quarter. Hedge funds and other institutional investors own 99.65% of the company’s stock.

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

Shares of SHM opened at $48.06 on Wednesday. The firm’s 50 day simple moving average is $47.96 and its 200 day simple moving average is $48.04. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.56 and a 1-year high of $48.51.

SPDR Nuveen ICE Short Term Municipal Bond ETF Company 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.