Wedbush Securities Inc. Purchases 826 Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Wedbush Securities Inc. increased its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 5.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,200 shares of the company’s stock after purchasing an additional 826 shares during the period. Wedbush Securities Inc.’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHM. United Capital Financial Advisers LLC boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 33.6% in the 4th quarter. United Capital Financial Advisers LLC now owns 1,221,916 shares of the company’s stock valued at $60,839,000 after buying an additional 307,475 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 11.1% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 1,054,848 shares of the company’s stock valued at $52,521,000 after buying an additional 105,222 shares in the last quarter. Parkside Investments LLC boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 26.0% in the 1st quarter. Parkside Investments LLC now owns 272,401 shares of the company’s stock valued at $13,500,000 after buying an additional 56,125 shares in the last quarter. Manning & Napier Group LLC boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 1.5% in the 4th quarter. Manning & Napier Group LLC now owns 222,507 shares of the company’s stock valued at $11,078,000 after buying an additional 3,236 shares in the last quarter. Finally, Meritage Portfolio Management boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 159.4% in the 4th quarter. Meritage Portfolio Management now owns 149,759 shares of the company’s stock valued at $7,457,000 after buying an additional 92,020 shares in the last quarter. Institutional investors and hedge funds own 80.15% of the company’s stock.

Shares of SHM stock opened at $49.54 on Tuesday. The stock’s fifty day simple moving average is $49.59 and its 200 day simple moving average is $49.73. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a one year low of $48.90 and a one year high of $50.08.

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.

See Also: What is the Difference Between Common Shares and Convertible Shares?

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

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