Cercano Management’s State Street SPDR Nuveen ICE Short Term Municipal Bond ETF SHM Stock Holding History

Cercano Management’s Portfolio SHM Stock Details SHM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.88M	Sell	206,569 -107,633	-34%	-$5.19M	0.43%	47
2025 Q4	$15.1M	Hold	314,202	–	–	0.57%	37
2025 Q3	$15.2M	Hold	314,202	–	–	0.58%	35
2025 Q2	$15M	Hold	314,202	–	–	0.43%	53
2025 Q1	$15M	Buy	+314,202	New	+$15M	0.44%	48
2024 Q3	–	Sell	-110,000	Closed	-$5.19M	–	172
2024 Q2	$5.19M	Hold	110,000	–	–	0.14%	75
2024 Q1	$5.22M	Buy	+110,000	New	+$5.24M	0.15%	78

Other funds holding SHM

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Quent Capital New York $1.41B AUM 22.9% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return

UCFA

United Capital Financial Advisors Irving, Texas $16.3B AUM 16.34% 1-Year Est. Return

Cercano Management's SHM Position: Q1 2026 in Review

Cercano Management reduced its State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) stake by 34% in Q1 2026, selling an estimated $5.19M and leaving 206,569 shares worth $9.88M. The position accounts for 0.43% of the portfolio, ranked #47.

Cercano Management first reported a position in SHM in Q1 2024 and has held it in 7 quarters since. The position peaked at $15.2M in Q3 2025. 394 funds tracked by Wall St. Rank hold SHM as of Q1 2026.

Cercano Management held 206,569 shares of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF worth $9.88M as of Q1 2026.
Cercano Management sold 107,633 State Street SPDR Nuveen ICE Short Term Municipal Bond ETF shares in Q1 2026, an estimated $5.19M.
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF made up 0.43% of Cercano Management's portfolio in Q1 2026, its #47 holding.
Cercano Management first reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in Q1 2024 and has held it in 7 quarters since.
Cercano Management's State Street SPDR Nuveen ICE Short Term Municipal Bond ETF position peaked at $15.2M in Q3 2025.
394 funds tracked by Wall St. Rank held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF as of Q1 2026.

Based on Cercano Management's 13F filing for Q1 2026, filed 13 May 2026.