Kestra Private Wealth Services LLC Purchases New Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Kestra Private Wealth Services LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,023 shares of the company’s stock, valued at approximately $1,447,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at $38,540,000. Bank of America Corp DE grew its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the 1st quarter. Bank of America Corp DE now owns 21,326,865 shares of the company’s stock valued at $1,020,064,000 after acquiring an additional 795,560 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 26.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,389,309 shares of the company’s stock worth $114,603,000 after purchasing an additional 494,596 shares during the period. Waverly Advisors LLC increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 555.6% in the first quarter. Waverly Advisors LLC now owns 178,906 shares of the company’s stock worth $8,557,000 after purchasing an additional 151,617 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock worth $82,843,000 after purchasing an additional 148,431 shares during the period. 99.65% of the stock is owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Up 0.1%

Shares of NYSEARCA:SHM traded up $0.03 on Friday, hitting $47.58. 381,011 shares of the company’s stock were exchanged, compared to its average volume of 345,606. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12 month low of $46.33 and a 12 month high of $48.48. The business’s 50 day simple moving average is $47.14 and its two-hundred day simple moving average is $47.74.

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.