United Services Automobile Association Decreases Holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)

United Services Automobile Association trimmed its holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) by 18.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 413,132 shares of the company’s stock after selling 92,773 shares during the quarter. United Services Automobile Association owned about 0.54% of SPDR Nuveen Barclays Short Term Municipal Bond ETF worth $19,702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Chicago Partners Investment Group LLC purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter valued at approximately $167,000. Elmwood Wealth Management Inc. raised its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 47.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 3,550 shares of the company’s stock valued at $169,000 after buying an additional 1,150 shares during the period. Accuvest Global Advisors purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at approximately $213,000. M Holdings Securities Inc. purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at approximately $275,000. Finally, ProVise Management Group LLC purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter valued at approximately $298,000.

Shares of NYSEARCA SHM opened at $47.84 on Thursday. SPDR Nuveen Barclays Short Term Municipal Bond ETF has a 52-week low of $47.41 and a 52-week high of $48.15.

The company also recently announced a monthly dividend, which will be paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th will be given a $0.0557 dividend. This is a positive change from SPDR Nuveen Barclays Short Term Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, December 3rd. This represents a $0.67 dividend on an annualized basis and a yield of 1.40%.

COPYRIGHT VIOLATION WARNING: “United Services Automobile Association Decreases Holdings in SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2018/12/06/united-services-automobile-association-decreases-holdings-in-spdr-nuveen-barclays-short-term-municipal-bond-etf-shm.html.

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.

Read More: Bond

Institutional Ownership by Quarter for SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)

Receive News & Ratings for SPDR Nuveen Barclays Short Term Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Nuveen Barclays Short Term Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply