SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Stock Holdings Lowered by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. decreased its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 24.4% in the third quarter, HoldingsChannel.com reports. The firm owned 68,212 shares of the company’s stock after selling 21,967 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF makes up 0.7% of Paulson Wealth Management Inc.’s holdings, making the stock its 21st biggest holding. Paulson Wealth Management Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $3,182,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SHM. Commonwealth Equity Services LLC purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at approximately $29,956,000. Kestra Private Wealth Services LLC acquired a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter valued at $1,447,000. Boston Trust Walden Corp purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter worth $456,000. Krane Financial Solutions LLC increased its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 4.3% in the 3rd quarter. Krane Financial Solutions LLC now owns 6,562 shares of the company’s stock worth $306,000 after acquiring an additional 273 shares in the last quarter. Finally, Ascent Group LLC raised its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 19.4% during the third quarter. Ascent Group LLC now owns 62,717 shares of the company’s stock worth $2,926,000 after acquiring an additional 10,188 shares during the period. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA:SHM opened at $47.55 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $46.33 and a fifty-two week high of $48.48. The company has a fifty day moving average of $47.14 and a two-hundred day moving average of $47.74.

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.