SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $47.60 and traded as high as $47.81. SPDR Nuveen Barclays Short Term Municipal Bond ETF shares last traded at $47.76, with a volume of 227,378 shares changing hands.

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

The company’s fifty day moving average is $47.60 and its 200 day moving average is $47.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriflex Group Inc. bought a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the fourth quarter worth approximately $27,000. Avior Wealth Management LLC bought a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF in the 3rd quarter worth $54,000. Pinnacle Bancorp Inc. grew its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 25.3% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,726 shares of the company’s stock worth $82,000 after acquiring an additional 348 shares during the last quarter. Farmers & Merchants Investments Inc. increased its position 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 valued at $115,000 after acquiring an additional 2,390 shares during the period. Finally, Sierra Ocean LLC bought a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the fourth quarter valued at about $360,000. 99.65% of the stock is 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.