SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. cut its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 5.0% in the second quarter, HoldingsChannel reports. The fund owned 133,444 shares of the company’s stock after selling 7,045 shares during the period. Cullen Frost Bankers Inc.’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $6,383,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of SHM. Blue Trust Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1,365.2% during the 2nd quarter. Blue Trust Inc. now owns 967 shares of the company’s stock worth $46,000 after buying an additional 901 shares during the period. Pinnacle Bancorp Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 30.8% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,745 shares of the company’s stock worth $83,000 after buying an additional 411 shares during the period. Hilltop National Bank acquired a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter worth approximately $139,000. Keener Financial Planning LLC raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.9% during the 2nd quarter. Keener Financial Planning LLC now owns 3,367 shares of the company’s stock worth $161,000 after buying an additional 357 shares during the period. Finally, Richardson Financial Services Inc. raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 13.6% during the 1st quarter. Richardson Financial Services Inc. now owns 3,825 shares of the company’s stock worth $182,000 after buying an additional 459 shares during the period. 99.65% of the stock is owned by institutional investors and hedge funds.

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

Shares of SHM stock opened at $48.04 on Thursday. The stock has a 50 day simple moving average of $48.22 and a 200-day simple moving average of $47.80. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.56 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.