SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Position Boosted by Fifth Third Bancorp

Fifth Third Bancorp increased its position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 17,723.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,471 shares of the company’s stock after purchasing an additional 53,171 shares during the period. Fifth Third Bancorp owned 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,558,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,950,388 shares of the company’s stock worth $141,589,000 after acquiring an additional 109,552 shares in the last quarter. Quent Long Short Global Small Cap Fund LP bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter valued at $85,861,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.9% during the fourth 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 period. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,583,602 shares of the company’s stock worth $75,997,000 after purchasing an additional 18,733 shares during the period. Finally, LPL Financial LLC lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.4% in the 4th quarter. LPL Financial LLC now owns 844,750 shares of the company’s stock worth $40,540,000 after buying an additional 51,183 shares during the last quarter. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

NYSEARCA SHM opened at $47.81 on Tuesday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a one year low of $47.58 and a one year high of $48.51. The company has a 50-day simple moving average of $47.84 and a 200-day simple moving average of $48.01.

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.