SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $47.69 and traded as low as $47.40. SPDR Nuveen Barclays Short Term Municipal Bond ETF shares last traded at $47.43, with a volume of 723,367 shares traded.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

The business has a 50-day moving average of $47.64 and a 200 day moving average of $47.69.

Institutional Investors Weigh In On SPDR Nuveen Barclays Short Term Municipal Bond ETF

Several institutional investors have recently made changes to their positions in SHM. Ashton Thomas Private Wealth LLC raised its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 46.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 12,554 shares of the company’s stock valued at $592,000 after purchasing an additional 4,000 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 3.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 178,876 shares of the company’s stock valued at $8,441,000 after acquiring an additional 5,217 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 21.6% in the 4th quarter. Versant Capital Management Inc now owns 25,543 shares of the company’s stock valued at $1,210,000 after acquiring an additional 4,539 shares during the period. Strategic Blueprint LLC raised its position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 5.1% in the 3rd quarter. Strategic Blueprint LLC now owns 12,775 shares of the company’s stock worth $615,000 after acquiring an additional 625 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter worth $233,000. Institutional investors own 99.65% of the company’s stock.

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.