Sierra Ocean LLC Purchases New Holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Sierra Ocean LLC purchased a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 7,598 shares of the company’s stock, valued at approximately $360,000.

Several other institutional investors have also made changes to their positions in SHM. Avior Wealth Management LLC bought a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the third quarter valued at approximately $54,000. Pinnacle Bancorp Inc. boosted its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 25.3% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,726 shares of the company’s stock valued at $82,000 after buying an additional 348 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 7,468.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 2,422 shares of the company’s stock valued at $115,000 after buying an additional 2,390 shares during the period. Richardson Financial Services Inc. boosted its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 42.3% in the third quarter. Richardson Financial Services Inc. now owns 4,765 shares of the company’s stock valued at $226,000 after buying an additional 1,416 shares during the period. Finally, Icon Wealth Advisors LLC boosted its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 38.7% in the third quarter. Icon Wealth Advisors LLC now owns 10,085 shares of the company’s stock valued at $485,000 after buying an additional 2,814 shares during the period. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Trading Up 0.1 %

Shares of SHM stock opened at $47.70 on Monday. The stock has a 50 day simple moving average of $47.54 and a 200 day simple moving average of $47.75. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a 1 year low of $46.76 and a 1 year high of $48.19.

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.