SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Sets New 52-Week Low – Should You Sell?

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $46.56 and last traded at $46.67, with a volume of 13198 shares traded. The stock had previously closed at $47.05.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Trading Down 0.8 %

The firm’s 50-day simple moving average is $47.67 and its 200 day simple moving average is $47.69.

Institutional Trading of SPDR Nuveen Barclays Short Term Municipal Bond ETF

Hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. acquired a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the fourth quarter worth about $27,000. Avior Wealth Management LLC lifted its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 43.6% in the fourth quarter. Avior Wealth Management LLC now owns 1,626 shares of the company’s stock valued at $77,000 after buying an additional 494 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings 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 valued at $82,000 after buying an additional 348 shares during the period. Farmers & Merchants Investments Inc. increased its position in shares of 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 acquiring an additional 2,390 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the fourth quarter worth $360,000. 99.65% of the stock is currently owned by institutional investors and hedge funds.

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.