SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Position Reduced by Richardson Financial Services Inc.

Richardson Financial Services Inc. lowered its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,349 shares of the company’s stock after selling 448 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $158,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter worth about $233,000. Ashton Thomas Private Wealth LLC lifted its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 46.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 12,554 shares of the company’s stock valued at $592,000 after acquiring an additional 4,000 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 3.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 178,876 shares of the company’s stock worth $8,441,000 after acquiring an additional 5,217 shares in the last quarter. Grey Fox Wealth Advisors LLC boosted its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 15.4% during the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 38,296 shares of the company’s stock worth $1,807,000 after acquiring an additional 5,106 shares during the period. Finally, ARK & TLK Investments LLC grew its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 4.5% during the 2nd quarter. ARK & TLK Investments LLC now owns 5,291 shares of the company’s stock valued at $250,000 after acquiring an additional 228 shares in the last quarter. Institutional investors and hedge funds own 99.65% of the company’s stock.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

NYSEARCA SHM opened at $48.11 on Friday. The company has a 50 day simple moving average of $47.77 and a 200-day simple moving average of $47.43. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a 52-week low of $46.06 and a 52-week high of $48.17.

SPDR Nuveen Barclays 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.