Precision Wealth Strategies LLC Cuts Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Precision Wealth Strategies LLC lowered its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 11.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,536 shares of the company’s stock after selling 12,493 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF accounts for 1.5% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 16th largest holding. Precision Wealth Strategies LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $4,426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,950,388 shares of the company’s stock valued at $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 shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth $85,861,000. Cliftonlarsonallen Wealth Advisors LLC grew its stake 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 acquiring an additional 80,868 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,583,602 shares of the company’s stock valued at $75,997,000 after purchasing an additional 18,733 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 844,750 shares of the company’s stock valued at $40,540,000 after purchasing an additional 51,183 shares during the last quarter. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

SHM opened at $47.81 on Friday. The company’s 50-day moving average is $47.84 and its 200 day moving average is $48.01. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.58 and a fifty-two week high of $48.51.

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.