PNC Financial Services Group Inc. Has $76 Million Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

PNC Financial Services Group Inc. increased its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,583,602 shares of the company’s stock after acquiring an additional 18,733 shares during the period. PNC Financial Services Group Inc. owned about 2.18% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $75,997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP acquired a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the second quarter worth $393,000. Main Street Financial Solutions LLC increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% in the second quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock valued at $742,000 after buying an additional 1,001 shares in the last quarter. Quantinno Capital Management LP bought a new position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the second quarter valued at about $312,000. Raymond James Financial Inc. raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% in the second quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock valued at $11,595,000 after buying an additional 24,624 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock worth $12,577,000 after buying an additional 38,631 shares in the last quarter. 99.65% of the stock is owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of NYSEARCA:SHM opened at $47.71 on Thursday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 12 month low of $47.34 and a 12 month high of $48.51. The company’s 50-day moving average price is $47.89 and its two-hundred day moving average price is $48.04.

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. 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.