SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Sold by Truist Financial Corp

Truist Financial Corp cut its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 12.7% in the fourth quarter, HoldingsChannel reports. The firm owned 181,487 shares of the company’s stock after selling 26,420 shares during the period. Truist Financial Corp’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $8,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.9% during the third quarter. Opal Wealth Advisors LLC now owns 29,205 shares of the company’s stock valued at $1,408,000 after purchasing an additional 252 shares during the period. Advisor OS LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.6% during the third quarter. Advisor OS LLC now owns 7,172 shares of the company’s stock valued at $346,000 after purchasing an additional 252 shares during the period. Legacy Solutions LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% during the fourth quarter. Legacy Solutions LLC now owns 13,917 shares of the company’s stock valued at $668,000 after purchasing an additional 254 shares during the period. APS Management Group Inc. lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.8% during the fourth quarter. APS Management Group Inc. now owns 9,440 shares of the company’s stock valued at $453,000 after purchasing an additional 258 shares during the period. Finally, Mutual Advisors LLC lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the fourth quarter. Mutual Advisors LLC now owns 17,940 shares of the company’s stock valued at $861,000 after purchasing an additional 283 shares during the period. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

NYSEARCA SHM opened at $47.80 on Friday. The company has a fifty day moving average of $47.99 and a 200 day moving average of $48.06. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $47.28 and a 1 year high of $48.51.

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.