Shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Get Free Report) saw strong trading volume on Tuesday. 473,097 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 341,574 shares. The stock last traded at $47.3750 and had previously closed at $47.44.
SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance
The stock has a 50-day simple moving average of $47.16 and a two-hundred day simple moving average of $47.75.
Hedge Funds Weigh In On SPDR Nuveen ICE Short Term Municipal Bond ETF
Several institutional investors have recently modified their holdings of the company. William Mack & Associates Inc. bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at $54,000. Blume Capital Management Inc. bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter worth about $63,000. Latitude Advisors LLC bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 3rd quarter worth about $70,000. Western Wealth Management LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 1st quarter valued at about $108,000. Finally, Frazier Financial Advisors LLC purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 1st quarter valued at about $117,000. 99.65% of the stock is currently owned by institutional investors.
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.
Read More
- Five stocks we like better than SPDR Nuveen ICE Short Term Municipal Bond ETF
- Republic Services Has the Momentum, But Waste Management Has Another Advantage
- Alphabet’s Golden Dome Talks Could Open a New Market, But How Much Is at Stake?
- Tempus AI Surges on Earnings Beat, But Can the Rally Last?
- MicroVision Pivots: Mapping New Ground Beyond Auto
Receive News & Ratings for SPDR Nuveen ICE Short Term Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Nuveen ICE Short Term Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
