Citigroup Inc. Lowers Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Citigroup Inc. reduced its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 16.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 179,528 shares of the company’s stock after selling 34,320 shares during the period. Citigroup Inc. owned approximately 0.25% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $8,657,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quent Capital LLC increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% during the third quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock valued at $79,311,000 after acquiring an additional 226,320 shares during the last quarter. Karpus Management Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% in the 2nd quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock worth $43,932,000 after acquiring an additional 197,281 shares during the last quarter. Alaska Wealth Advisors boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 41.6% during the 3rd quarter. Alaska Wealth Advisors now owns 376,498 shares of the company’s stock worth $18,155,000 after purchasing an additional 110,620 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock valued at $78,850,000 after purchasing an additional 90,144 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,696,310 shares of the company’s stock valued at $128,965,000 after purchasing an additional 83,304 shares during the period. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA:SHM opened at $48.43 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 stock’s fifty day moving average is $48.22 and its two-hundred day moving average is $48.15.

SPDR Nuveen ICE Short Term Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1044 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 2.6%.

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. 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.