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

SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM)’s share price 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 traded.

SPDR Nuveen Barclays Short Term Municipal Bond ETF Stock Performance

The stock’s 50-day moving average is $47.64 and its 200 day moving average is $47.69.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SHM. Strategic Blueprint LLC raised its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 5.1% in the third quarter. Strategic Blueprint LLC now owns 12,775 shares of the company’s stock worth $615,000 after buying an additional 625 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position 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 worth $187,000 after acquiring an additional 820 shares during the period. Avior Wealth Management LLC purchased a new stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF during the 3rd quarter valued at about $54,000. Richardson Financial Services Inc. grew its stake in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 42.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 4,765 shares of the company’s stock valued at $226,000 after purchasing an additional 1,416 shares during the last quarter. Finally, Icon Wealth Advisors LLC increased its holdings in shares of SPDR Nuveen Barclays Short Term Municipal Bond ETF by 38.7% in the third quarter. Icon Wealth Advisors LLC now owns 10,085 shares of the company’s stock valued at $485,000 after purchasing an additional 2,814 shares during the period. 99.65% of the stock is owned by institutional investors and hedge funds.

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.