Farmers & Merchants Investments Inc. Acquires 2,390 Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Farmers & Merchants Investments Inc. boosted its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 7,468.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,422 shares of the company’s stock after buying an additional 2,390 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in SHM. Avior Wealth Management LLC purchased a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter worth $54,000. Pinnacle Bancorp Inc. increased its position in 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 in the last quarter. Richardson Financial Services Inc. raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 42.3% in the third quarter. Richardson Financial Services Inc. now owns 4,765 shares of the company’s stock worth $226,000 after buying an additional 1,416 shares during the period. Icon Wealth Advisors LLC lifted its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 38.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 10,085 shares of the company’s stock valued at $485,000 after buying an additional 2,814 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF in the 3rd quarter worth approximately $492,000. 99.65% of the stock is currently owned by institutional investors.

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

Shares of NYSEARCA:SHM opened at $47.71 on Friday. The firm’s 50 day simple moving average is $47.56 and its two-hundred day simple moving average is $47.74. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a 1-year low of $46.76 and a 1-year high of $48.19.

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.