Goldman Sachs Group Inc. Cuts Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Goldman Sachs Group Inc. cut its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,372,034 shares of the company’s stock after selling 720,733 shares during the quarter. Goldman Sachs Group Inc. owned approximately 6.02% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $209,814,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHM. First Trust Advisors LP purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth about $393,000. Main Street Financial Solutions LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.9% during the second quarter. Main Street Financial Solutions LLC now owns 15,510 shares of the company’s stock worth $742,000 after purchasing an additional 1,001 shares during the last quarter. Quantinno Capital Management LP purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the second quarter worth about $312,000. Raymond James Financial Inc. boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.3% during the second quarter. Raymond James Financial Inc. now owns 242,423 shares of the company’s stock worth $11,595,000 after purchasing an additional 24,624 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 17.2% during the second quarter. Ameriprise Financial Inc. now owns 262,900 shares of the company’s stock worth $12,577,000 after purchasing an additional 38,631 shares during the last quarter. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $47.83 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a fifty-two week low of $47.51 and a fifty-two week high of $48.51. The firm’s 50-day simple moving average is $47.84 and its 200 day simple moving average is $48.02.

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.