Biltmore Wealth Management LLC Boosts Stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Biltmore Wealth Management LLC increased its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,338,843 shares of the company’s stock after purchasing an additional 6,519 shares during the quarter. SPDR Nuveen Barclays Short Term Municipal Bond ETF makes up approximately 31.4% of Biltmore Wealth Management LLC’s portfolio, making the stock its biggest holding. Biltmore Wealth Management LLC owned 1.70% of SPDR Nuveen Barclays Short Term Municipal Bond ETF worth $65,751,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Stonebridge Capital Advisors LLC bought a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at $26,000. Doyle Wealth Management purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at $55,000. Bay Harbor Wealth Management LLC purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter valued at $58,000. Allred Capital Management LLC purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 4th quarter valued at $75,000. Finally, Thor Advisors LLC purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter valued at $107,000.

Shares of SHM traded up $0.01 during mid-day trading on Friday, reaching $49.30. 2,858 shares of the stock traded hands, compared to its average volume of 614,862. The firm has a fifty day moving average price of $49.11 and a 200 day moving average price of $49.07. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a 1 year low of $48.14 and a 1 year high of $49.36.

The company also recently declared a monthly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0593 per share. This is a positive change from SPDR Nuveen Barclays Short Term Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend was Friday, December 20th.

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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Institutional Ownership by Quarter for SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

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