SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) Share Price Crosses Below 200 Day Moving Average – What’s Next?

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.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Performance

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

Institutional Trading of SPDR Nuveen Barclays Short Term Municipal Bond ETF

Hedge funds have recently bought and sold shares of the company. Strategic Blueprint LLC increased its position in 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 valued at $615,000 after acquiring an additional 625 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 26.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,935 shares of the company’s stock valued at $187,000 after purchasing an additional 820 shares in the last quarter. Avior Wealth Management LLC acquired a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF in the third quarter worth about $54,000. Richardson Financial Services Inc. grew its position in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 42.3% in the 3rd quarter. Richardson Financial Services Inc. now owns 4,765 shares of the company’s stock valued at $226,000 after buying an additional 1,416 shares in the last quarter. Finally, Icon Wealth Advisors LLC increased its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 38.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 10,085 shares of the company’s stock valued at $485,000 after buying an additional 2,814 shares during the period. 99.65% of the stock is currently owned by institutional investors.

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.