16,047 Shares in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Acquired by Verus Financial Partners Inc.

Verus Financial Partners Inc. acquired a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 16,047 shares of the company’s stock, valued at approximately $749,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legacy Solutions LLC lifted its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.9% in the second quarter. Legacy Solutions LLC now owns 15,334 shares of the company’s stock valued at $736,000 after acquiring an additional 280 shares during the last quarter. L.K. Benson & Company P.C. increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.7% during the 3rd quarter. L.K. Benson & Company P.C. now owns 16,209 shares of the company’s stock worth $756,000 after purchasing an additional 422 shares during the last quarter. Aviance Capital Partners LLC increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the 1st quarter. Aviance Capital Partners LLC now owns 29,068 shares of the company’s stock worth $1,390,000 after purchasing an additional 456 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 12.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,078 shares of the company’s stock worth $237,000 after purchasing an additional 562 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC raised its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.6% during the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 39,586 shares of the company’s stock valued at $1,847,000 after purchasing an additional 639 shares in the last quarter. Institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Performance

SPDR Nuveen ICE Short Term Municipal Bond ETF stock opened at $47.54 on Friday. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 1-year low of $46.33 and a 1-year high of $48.48. The firm’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $47.76.

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.