Meritage Portfolio Management Cuts Stock Position in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Meritage Portfolio Management cut its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 11.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 33,526 shares of the company’s stock after selling 4,262 shares during the period. Meritage Portfolio Management’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $1,589,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Confluence Investment Management LLC raised its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 4.4% during the 3rd quarter. Confluence Investment Management LLC now owns 83,338 shares of the company’s stock worth $4,012,000 after purchasing an additional 3,524 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 22.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 33,081 shares of the company’s stock valued at $1,568,000 after acquiring an additional 6,155 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 21.6% in the fourth quarter. Versant Capital Management Inc now owns 25,543 shares of the company’s stock valued at $1,210,000 after acquiring an additional 4,539 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 24.9% in the fourth quarter. GAMMA Investing LLC now owns 23,769 shares of the company’s stock worth $1,126,000 after acquiring an additional 4,736 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the fourth quarter worth approximately $704,000. 99.65% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

NYSEARCA SHM opened at $47.74 on Thursday. The business has a fifty day moving average price of $47.56 and a 200 day moving average price of $47.74. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a one year low of $46.76 and a one year high of $48.19.

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.