SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Stake Trimmed by Assetmark Inc.

Assetmark Inc. lowered its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 53.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,406 shares of the company’s stock after selling 100,535 shares during the quarter. Assetmark Inc. owned 0.12% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $4,181,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SHM. Brown Brothers Harriman & Co. increased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 136.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 591 shares of the company’s stock valued at $28,000 after purchasing an additional 341 shares during the period. Kingdom Financial Group LLC. acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the fourth quarter worth $56,000. Integrity Financial Corp WA acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 4th quarter worth about $74,000. SHP Wealth Management bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the fourth quarter valued at approximately $85,000. Finally, Blue Trust Inc. increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 117.4% in the 1st quarter. Blue Trust Inc. now owns 2,146 shares of the company’s stock valued at $103,000 after buying an additional 1,159 shares during the period. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $47.70 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $47.58 and a 1 year high of $48.51. The company’s 50-day moving average is $47.84 and its two-hundred day moving average is $48.01.

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.