SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-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.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Price Performance

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Quent Capital LLC increased its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 9.3% in the 3rd quarter. Quent Capital LLC now owns 1,099,893 shares of the company’s stock valued at $52,949,000 after acquiring an additional 93,724 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 13,637.8% during the third quarter. Massmutual Trust Co. FSB ADV now owns 26,926 shares of the company’s stock worth $1,296,000 after purchasing an additional 26,730 shares during the period. BNP Paribas Financial Markets bought a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the 3rd quarter worth about $492,000. Cullen Frost Bankers Inc. boosted its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 3.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 178,876 shares of the company’s stock valued at $8,441,000 after buying an additional 5,217 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at about $233,000. 99.65% of the stock is 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.