SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHMGet Free Report) saw an uptick in trading volume on Thursday . 1,093,986 shares were traded during trading, an increase of 209% from the previous session’s volume of 354,017 shares.The stock last traded at $47.67 and had previously closed at $47.68.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

The firm has a 50-day simple moving average of $47.65 and a 200-day simple moving average of $47.74.

Hedge Funds Weigh In On SPDR Nuveen Barclays Short Term Municipal Bond ETF

Large investors have recently bought and sold shares of the business. Ameriflex Group Inc. acquired a new position in SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 4th quarter valued at about $27,000. Avior Wealth Management LLC purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the third quarter worth about $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 worth $82,000 after buying an additional 348 shares during the last quarter. 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 worth $115,000 after buying an additional 2,390 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the fourth quarter worth about $360,000. Hedge funds and other institutional investors own 99.65% of the company’s stock.

About SPDR Nuveen Barclays Short Term Municipal Bond ETF

(Get Free Report)

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.

Further Reading

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