Flow Traders U.S. LLC Increases Position in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Flow Traders U.S. LLC boosted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 163.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,499 shares of the company’s stock after purchasing an additional 58,026 shares during the quarter. Flow Traders U.S. LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $4,509,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SHM. Bank of America Corp DE grew its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% in the third quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock valued at $963,421,000 after purchasing an additional 1,634,763 shares during the period. Quent Capital LLC raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 16.0% during the 3rd quarter. Quent Capital LLC now owns 1,644,782 shares of the company’s stock worth $79,311,000 after buying an additional 226,320 shares during the period. Karpus Management Inc. lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 27.4% during the 2nd quarter. Karpus Management Inc. now owns 918,500 shares of the company’s stock valued at $43,932,000 after buying an additional 197,281 shares in the last quarter. Alaska Wealth Advisors lifted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 41.6% during the 3rd quarter. Alaska Wealth Advisors now owns 376,498 shares of the company’s stock valued at $18,155,000 after buying an additional 110,620 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.8% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,635,215 shares of the company’s stock valued at $78,850,000 after acquiring an additional 90,144 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 Price Performance

SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $48.16 on Monday. The company’s fifty day moving average price is $48.26 and its 200 day moving average price is $48.14. 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 Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.1121 dividend. This represents a c) annualized dividend and a dividend yield of 2.8%. This is a positive change from SPDR Nuveen ICE Short Term Municipal Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 2nd.

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. 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.