Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM – Get Free Report) saw strong trading volume on Friday . 2,588,694 shares were traded during mid-day trading, an increase of 649% from the previous session’s volume of 345,642 shares.The stock last traded at $47.69 and had previously closed at $47.67.
SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Up 0.1 %
The firm’s 50 day moving average price is $47.92 and its 200-day moving average price is $47.56.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. ARK & TLK Investments LLC increased its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 4.5% during the second quarter. ARK & TLK Investments LLC now owns 5,291 shares of the company’s stock valued at $250,000 after buying an additional 228 shares during the last quarter. Evensky & Katz LLC increased its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 2.7% during the second quarter. Evensky & Katz LLC now owns 11,885 shares of the company’s stock valued at $561,000 after buying an additional 314 shares during the last quarter. Fifth Third Securities Inc. increased its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 7.7% during the second quarter. Fifth Third Securities Inc. now owns 6,107 shares of the company’s stock valued at $288,000 after buying an additional 438 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF during the second quarter valued at approximately $28,000. Finally, Strategic Blueprint LLC increased its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 5.1% during the third quarter. Strategic Blueprint LLC now owns 12,775 shares of the company’s stock valued at $615,000 after buying an additional 625 shares during the last quarter. 99.65% of the stock is owned by hedge funds and other institutional investors.
About SPDR Nuveen Barclays 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.
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