KFA Private Wealth Group LLC Acquires New Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

KFA Private Wealth Group LLC purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,426 shares of the company’s stock, valued at approximately $355,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Precision Wealth Strategies LLC bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter worth approximately $5,210,000. Wealthcare Advisory Partners LLC increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 657,896 shares of the company’s stock worth $31,467,000 after purchasing an additional 68,293 shares during the period. TruNorth Capital Management LLC increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 51.9% in the second quarter. TruNorth Capital Management LLC now owns 150,110 shares of the company’s stock worth $7,180,000 after purchasing an additional 51,296 shares during the period. Charles Schwab Trust Co bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the second quarter worth $2,315,000. Finally, McAdam LLC increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 67.6% in the second quarter. McAdam LLC now owns 90,540 shares of the company’s stock worth $4,331,000 after purchasing an additional 36,526 shares during the period. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of NYSEARCA SHM opened at $48.09 on Friday. The stock’s 50-day simple moving average is $48.23 and its two-hundred day simple moving average is $47.78. SPDR Nuveen ICE Short Term Municipal Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.51.

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.