SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Sets New 1-Year High at $48.09

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $48.09 and last traded at $48.09, with a volume of 33244 shares. The stock had previously closed at $48.04.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Trading Up 0.1 %

The company has a 50-day moving average price of $47.69 and a 200-day moving average price of $47.42.

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

Several hedge funds have recently made changes to their positions in the company. Quent Capital LLC grew its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 15.3% during the 2nd quarter. Quent Capital LLC now owns 1,006,169 shares of the company’s stock worth $47,481,000 after purchasing an additional 133,586 shares during the last quarter. Symmetry Partners LLC raised its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 74.9% during the 2nd quarter. Symmetry Partners LLC now owns 255,658 shares of the company’s stock valued at $12,064,000 after acquiring an additional 109,516 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 3.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 178,876 shares of the company’s stock valued at $8,441,000 after purchasing an additional 5,217 shares during the last quarter. Karpus Management Inc. increased its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 70.3% in the first quarter. Karpus Management Inc. now owns 134,206 shares of the company’s stock valued at $6,367,000 after purchasing an additional 55,420 shares during the period. Finally, Confluence Investment Management LLC raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 5.6% during the second quarter. Confluence Investment Management LLC now owns 79,814 shares of the company’s stock worth $3,766,000 after purchasing an additional 4,260 shares during the last quarter. Hedge funds and other institutional investors own 99.65% of the company’s stock.

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.