Leisure Capital Management Decreases Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Leisure Capital Management cut its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 13.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,074 shares of the company’s stock after selling 12,632 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF accounts for approximately 1.4% of Leisure Capital Management’s investment portfolio, making the stock its 17th largest position. Leisure Capital Management owned 0.11% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $4,006,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SHM. Davis Capital Management bought a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF during the third quarter valued at $27,000. Total Investment Management Inc. purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 2nd quarter valued at about $27,000. Cornerstone Planning Group LLC purchased a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF during the 3rd quarter valued at about $28,000. Blue Trust Inc. lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1,365.2% in the 2nd quarter. Blue Trust Inc. now owns 967 shares of the company’s stock valued at $46,000 after acquiring an additional 901 shares during the last quarter. Finally, Rossmore Private Capital purchased a new position in SPDR Nuveen ICE Short Term Municipal Bond ETF in the third quarter worth about $106,000. Institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Price Performance

Shares of NYSEARCA SHM opened at $48.40 on Friday. The business’s 50 day moving average is $48.13 and its two-hundred day moving average is $48.12. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.56 and a 1-year high of $48.51.

SPDR Nuveen ICE Short Term Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1044 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 2.6%.

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.