SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) is Quent Capital LLC’s 3rd Largest Position

Quent Capital LLC raised its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 21.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 670,521 shares of the company’s stock after buying an additional 117,870 shares during the quarter. SPDR Nuveen Barclays Short Term Municipal Bond ETF accounts for 4.9% of Quent Capital LLC’s portfolio, making the stock its 3rd largest position. Quent Capital LLC owned about 0.76% of SPDR Nuveen Barclays Short Term Municipal Bond ETF worth $31,548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SHM. Baird Financial Group Inc. raised its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 8.1% during the first quarter. Baird Financial Group Inc. now owns 23,482 shares of the company’s stock valued at $1,111,000 after acquiring an additional 1,753 shares in the last quarter. West Michigan Advisors LLC raised its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 10.4% during the first quarter. West Michigan Advisors LLC now owns 11,300 shares of the company’s stock valued at $535,000 after acquiring an additional 1,061 shares in the last quarter. Flow Traders U.S. LLC raised its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 353.7% during the first quarter. Flow Traders U.S. LLC now owns 21,990 shares of the company’s stock valued at $1,041,000 after acquiring an additional 17,143 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 1.5% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 110,138 shares of the company’s stock valued at $5,212,000 after acquiring an additional 1,675 shares in the last quarter. Finally, Ancora Advisors LLC raised its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 40.5% during the first quarter. Ancora Advisors LLC now owns 8,667 shares of the company’s stock valued at $430,000 after acquiring an additional 2,500 shares in the last quarter. 95.97% of the stock is owned by hedge funds and other institutional investors.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

SHM traded down $0.04 during midday trading on Friday, hitting $46.76. 239,901 shares of the company’s stock traded hands, compared to its average volume of 326,322. The stock’s fifty day simple moving average is $46.89 and its 200-day simple moving average is $47.01. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a one year low of $45.97 and a one year high of $47.76.

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.