Betterment LLC Sells 325,520 Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Betterment LLC cut its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 36.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 577,819 shares of the company’s stock after selling 325,520 shares during the period. Betterment LLC’s holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF were worth $27,383,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SHM. First Horizon Advisors Inc. increased its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 55.7% during the fourth quarter. First Horizon Advisors Inc. now owns 10,261 shares of the company’s stock worth $486,000 after acquiring an additional 3,669 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 52.0% during the 4th quarter. Jones Financial Companies Lllp now owns 8,141 shares of the company’s stock valued at $386,000 after purchasing an additional 2,785 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 610,086 shares of the company’s stock valued at $28,912,000 after buying an additional 61,915 shares during the period. Versant Capital Management Inc lifted its position in 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 buying an additional 4,539 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. boosted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 7,468.8% during 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 period. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

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

SHM stock opened at $47.25 on Friday. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.20. The firm’s fifty day simple moving average is $47.51 and its two-hundred day simple moving average is $47.60.

SPDR Nuveen Barclays Short Term Municipal Bond ETF 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.