Nicolet Advisory Services’s State Street SPDR Nuveen ICE Short Term Municipal Bond ETF SHM Stock Holding History

Nicolet Advisory Services’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
2025 Q4	$581K	Sell	12,074 -2,795	-19%	-$134K	0.04%	212
2025 Q3	$715K	Sell	14,869 -63	-0.4%	-$3.03K	0.06%	175
2025 Q2	$717K	Sell	14,932 -1,598	-10%	-$75.8K	0.06%	167
2025 Q1	$779K	Sell	16,530 -577	-3%	-$27.5K	0.08%	143
2024 Q4	$811K	Sell	17,107 -3,853	-18%	-$184K	0.07%	143
2024 Q3	$1.01M	Sell	20,960 -197	-0.9%	-$9.4K	0.1%	115
2024 Q2	$1,000K	Sell	21,157 -1,026	-5%	-$48.4K	0.1%	106
2024 Q1	$1.05M	Sell	22,183 -6,506	-23%	-$310K	0.11%	92
2023 Q4	$1.37M	Sell	28,689 -23,220	-45%	-$1.09M	0.15%	73
2023 Q3	$2.4M	Sell	51,909 -1,498	-3%	-$70.2K	0.27%	54
2023 Q2	$2.51M	Sell	53,407 -13,096	-20%	-$617K	0.28%	51
2023 Q1	$3.17M	Sell	66,503 -1,627	-2%	-$76.8K	0.36%	44
2022 Q4	$3.23M	Sell	68,130 -6,513	-9%	-$303K	0.43%	37
2022 Q3	$3.44M	Sell	74,643 -15,935	-18%	-$752K	0.56%	29
2022 Q2	$4.29M	Sell	90,578 -3,950	-4%	-$185K	0.64%	27
2022 Q1	$4.45M	Buy	94,528 +3,322	+4%	+$160K	0.58%	26
2021 Q4	$4.49M	Sell	91,206 -4,870	-5%	-$240K	0.55%	29
2021 Q3	$4.75M	Sell	96,076 -1,302	-1%	-$64.6K	0.6%	27
2021 Q2	$4.83M	Sell	97,378 -6,706	-6%	-$333K	0.63%	26
2021 Q1	$5.16M	Sell	104,084 -12,960	-11%	-$644K	0.72%	25
2020 Q4	$5.83M	Sell	117,044 -15,632	-12%	-$778K	0.82%	21
2020 Q3	$6.62M	Sell	132,676 -19,467	-13%	-$972K	1.03%	19
2020 Q2	$7.59M	Sell	152,143 -134,134	-47%	-$6.63M	1.17%	17
2020 Q1	$14M	Sell	286,277 -64,657	-18%	-$3.16M	2.47%	8
2019 Q4	$17.2M	Sell	350,934 -39,448	-10%	-$1.93M	2.71%	9
2019 Q3	$19.1M	Sell	390,382 -3,270	-0.8%	-$161K	2.9%	10
2019 Q2	$19.3M	Buy	393,652 +19,156	+5%	+$931K	2.94%	11
2019 Q1	$18.2M	Buy	+374,496	New	+$18.1M	3.08%	10

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

UCFA

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

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

QLSGSCF

Quent Long Short Global Small Cap Fund New York $1.23B AUM

CCWA

CLA (CliftonLarsonAllen) Wealth Advisors Minneapolis, Minnesota $7.61B AUM 16.44% 1-Year Est. Return

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

Nicolet Advisory Services's SHM Position: Q4 2025 in Review

Nicolet Advisory Services reduced its State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) stake by 19% in Q4 2025, selling an estimated $134K and leaving 12,074 shares worth $581K. The position accounts for 0.04% of the portfolio, ranked #212.

Nicolet Advisory Services first reported a position in SHM in Q1 2019 and has held it in 28 quarters since. The position peaked at $19.3M in Q2 2019. 397 funds tracked by Wall St. Rank hold SHM as of Q4 2025.

Nicolet Advisory Services held 12,074 shares of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF worth $581K as of Q4 2025.
Nicolet Advisory Services sold 2,795 State Street SPDR Nuveen ICE Short Term Municipal Bond ETF shares in Q4 2025, an estimated $134K.
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF made up 0.04% of Nicolet Advisory Services's portfolio in Q4 2025, its #212 holding.
Nicolet Advisory Services first reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in Q1 2019 and has held it in 28 quarters since.
Nicolet Advisory Services's State Street SPDR Nuveen ICE Short Term Municipal Bond ETF position peaked at $19.3M in Q2 2019.
397 funds tracked by Wall St. Rank held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF as of Q4 2025.

Based on Nicolet Advisory Services's 13F filing for Q4 2025, filed 13 Feb 2026.