Alaska Wealth Advisors Acquires 110,620 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Alaska Wealth Advisors boosted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 41.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 376,498 shares of the company’s stock after purchasing an additional 110,620 shares during the period. SPDR Nuveen ICE Short Term Municipal Bond ETF comprises 2.4% of Alaska Wealth Advisors’ portfolio, making the stock its 12th biggest holding. Alaska Wealth Advisors owned about 0.52% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $18,155,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Total Investment Management Inc. acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter worth approximately $27,000. Davis Capital Management acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter valued at $27,000. Blue Trust Inc. grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1,365.2% in the second quarter. Blue Trust Inc. now owns 967 shares of the company’s stock valued at $46,000 after acquiring an additional 901 shares during the period. Rossmore Private Capital bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the third quarter valued at $106,000. Finally, Hilltop National Bank acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth $139,000. 99.65% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of NYSEARCA SHM opened at $48.25 on Monday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52-week low of $46.56 and a 52-week high of $48.51. The business has a fifty day moving average of $48.03 and a two-hundred day moving average of $48.08.

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.