Dakota Wealth Management Sells 35,229 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Dakota Wealth Management lowered its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 66.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,971 shares of the company’s stock after selling 35,229 shares during the quarter. Dakota Wealth Management’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $862,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SHM. Total Investment Management Inc. bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter valued at approximately $27,000. Davis Capital Management bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth $27,000. Cornerstone Planning Group LLC acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter worth $28,000. Ameriflex Group Inc. increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 65.2% during the third quarter. Ameriflex Group Inc. now owns 884 shares of the company’s stock worth $43,000 after buying an additional 349 shares in the last quarter. Finally, Rossmore Private Capital bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter valued at $106,000. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA SHM opened at $47.79 on Monday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.51. The business’s fifty day moving average is $48.22 and its 200 day moving average is $48.12.

SPDR Nuveen ICE Short Term Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.1121 dividend. This is a boost from SPDR Nuveen ICE Short Term Municipal Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, March 2nd.

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.