Confluence Investment Management LLC Has $3.77 Million Holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Confluence Investment Management LLC boosted its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 5.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 79,814 shares of the company’s stock after acquiring an additional 4,260 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $3,766,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Quent Capital LLC raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 16.8% during the 1st quarter. Quent Capital LLC now owns 872,584 shares of the company’s stock worth $41,395,000 after purchasing an additional 125,414 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 2,238.7% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 349,986 shares of the company’s stock worth $16,726,000 after purchasing an additional 335,021 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 141.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 289,139 shares of the company’s stock valued at $13,818,000 after acquiring an additional 169,579 shares in the last quarter. Karpus Management Inc. raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 70.3% in the 1st quarter. Karpus Management Inc. now owns 134,206 shares of the company’s stock valued at $6,367,000 after acquiring an additional 55,420 shares in the last quarter. Finally, Hunter Associates Investment Management LLC raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 2.2% in the 4th quarter. Hunter Associates Investment Management LLC now owns 123,607 shares of the company’s stock valued at $5,911,000 after acquiring an additional 2,700 shares in the last quarter. 99.65% of the stock is currently owned by institutional investors and hedge funds.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Up 0.5 %

Shares of SHM stock traded up $0.23 during trading on Friday, reaching $47.77. The company had a trading volume of 323,314 shares, compared to its average volume of 471,615. The firm’s 50 day simple moving average is $47.23 and its two-hundred day simple moving average is $47.36. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a one year low of $46.06 and a one year high of $47.90.

SPDR Nuveen Barclays 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.