42,859 Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) in the 3rd quarter, Holdings Channel reports. The firm purchased 42,859 shares of the company’s stock, valued at approximately $1,999,000.

A number of other large investors also recently modified their holdings of the company. Legacy Solutions LLC increased its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% in the second quarter. Legacy Solutions LLC now owns 15,334 shares of the company’s stock valued at $736,000 after buying an additional 280 shares during the last quarter. L.K. Benson & Company P.C. raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.7% in the third quarter. L.K. Benson & Company P.C. now owns 16,209 shares of the company’s stock valued at $756,000 after buying an additional 422 shares in the last quarter. Aviance Capital Partners LLC lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the 1st quarter. Aviance Capital Partners LLC now owns 29,068 shares of the company’s stock worth $1,390,000 after buying an additional 456 shares during the last quarter. Pinnacle Bancorp Inc. lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 12.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,078 shares of the company’s stock worth $237,000 after buying an additional 562 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC lifted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 39,586 shares of the company’s stock worth $1,847,000 after buying an additional 639 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

NYSEARCA:SHM opened at $47.54 on Monday. The stock has a 50-day simple moving average of $47.17 and a 200-day simple moving average of $47.76. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1 year low of $46.33 and a 1 year high of $48.48.

SPDR Nuveen ICE Short Term Municipal Bond ETF 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.