SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Sees Large Volume Increase – What’s Next?

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) saw strong trading volume on Wednesday . 944,909 shares were traded during trading, an increase of 200% from the previous session’s volume of 314,829 shares.The stock last traded at $47.69 and had previously closed at $47.70.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Trading Down 0.0 %

The company’s 50-day moving average is $47.63 and its two-hundred day moving average is $47.75.

Institutional Trading of SPDR Nuveen Barclays Short Term Municipal Bond ETF

Large investors have recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. increased its position in 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 worth $115,000 after buying an additional 2,390 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 21.6% in the fourth quarter. Versant Capital Management Inc now owns 25,543 shares of the company’s stock worth $1,210,000 after purchasing an additional 4,539 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 52.0% in the fourth quarter. Jones Financial Companies Lllp now owns 8,141 shares of the company’s stock worth $386,000 after purchasing an additional 2,785 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 22.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 33,081 shares of the company’s stock valued at $1,568,000 after purchasing an additional 6,155 shares during the period. Finally, Crews Bank & Trust purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 4th quarter valued at $704,000. 99.65% of the stock is currently owned by institutional investors.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Company 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.