Hunter Associates Investment Management LLC Has $2.32 Million Stock Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Hunter Associates Investment Management LLC trimmed its position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 24.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,341 shares of the company’s stock after selling 15,550 shares during the period. Hunter Associates Investment Management LLC owned approximately 0.07% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,320,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 8.9% during the 3rd quarter. Bank of America Corp DE now owns 19,979,704 shares of the company’s stock worth $963,421,000 after buying an additional 1,634,763 shares during the period. Quent Capital LLC raised its holdings in 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. raised its holdings in 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 worth $43,932,000 after buying an additional 197,281 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,840,836 shares of the company’s stock worth $136,985,000 after buying an additional 144,526 shares during the period. Finally, Alaska Wealth Advisors raised its holdings in 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 worth $18,155,000 after buying an additional 110,620 shares during the period. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

Shares of SHM stock opened at $47.85 on Wednesday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $46.56 and a 52 week high of $48.51. The company’s 50 day moving average price is $48.16 and its two-hundred day moving average price is $48.09.

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.