SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $47.93 and traded as high as $48.11. SPDR Nuveen Barclays Short Term Municipal Bond ETF shares last traded at $48.00, with a volume of 386,705 shares changing hands.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Down 0.4 %

The company has a fifty day simple moving average of $47.93 and a 200 day simple moving average of $47.47.

Institutional Trading of SPDR Nuveen Barclays Short Term Municipal Bond ETF

Several institutional investors have recently added to or reduced their stakes in SHM. 1620 Investment Advisors Inc. bought a new stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF in the second quarter worth approximately $28,000. Richardson Financial Services Inc. purchased a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF in the fourth quarter worth approximately $175,000. YHB Investment Advisors Inc. bought a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF in the 1st quarter worth approximately $174,000. EverSource Wealth Advisors LLC raised its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 26.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,935 shares of the company’s stock valued at $187,000 after buying an additional 820 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 2nd quarter valued at $233,000. 99.65% of the stock is currently owned by hedge funds and other institutional investors.

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.