BCS Wealth Management Buys 15,661 Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

BCS Wealth Management lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 125.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,122 shares of the company’s stock after purchasing an additional 15,661 shares during the period. BCS Wealth Management’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $1,350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% in the 3rd quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock worth $963,421,000 after purchasing an additional 1,634,763 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 5.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,840,836 shares of the company’s stock worth $136,985,000 after purchasing an additional 144,526 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,716,083 shares of the company’s stock worth $82,355,000 after purchasing an additional 80,868 shares during the last quarter. Quent Capital LLC boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% in the 3rd quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock worth $79,311,000 after purchasing an additional 226,320 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.0% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 673,357 shares of the company’s stock worth $32,469,000 after purchasing an additional 13,047 shares during the last quarter. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA:SHM opened at $47.94 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $46.96 and a 12-month high of $48.51. The stock’s fifty day simple moving average is $48.12 and its 200-day simple moving average is $48.08.

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.