Savant Capital LLC Acquires New Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Savant Capital LLC bought a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,606 shares of the company’s stock, valued at approximately $608,000.

Several other institutional investors also recently modified their holdings of the stock. Quent Capital LLC increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% in the 3rd quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock valued at $79,311,000 after acquiring an additional 226,320 shares during the last quarter. Karpus Management Inc. increased its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% in the second quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock valued at $43,932,000 after purchasing an additional 197,281 shares in the last quarter. Alaska Wealth Advisors raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 41.6% in the third quarter. Alaska Wealth Advisors now owns 376,498 shares of the company’s stock worth $18,155,000 after purchasing an additional 110,620 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock worth $78,850,000 after purchasing an additional 90,144 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,696,310 shares of the company’s stock worth $128,965,000 after purchasing an additional 83,304 shares in the last quarter. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of SHM stock opened at $48.36 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12-month low of $46.56 and a 12-month high of $48.51. The firm has a fifty day moving average of $48.12 and a 200-day moving average of $48.12.

SPDR Nuveen ICE Short Term Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1044 dividend. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, February 2nd.

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.