SHM icon

SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM

Overview Fund Activity
48.41 USD
+0.01
0.02%
At close Updated Sep 18, 3:33 PM EDT
1 day
0.02%
5 days
0.08%
1 month
0.46%
3 months
1.62%
6 months
1.49%
Year to date
2.07%
1 year
0.6%
5 years
-3.06%
10 years
-0.51%
0
Funds holding %
of 7,463 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0.37% less ownership

Funds ownership: 93.01% [Q1] → 92.64% (-0.37%) [Q2]

1% less capital invested

Capital invested by funds: $3.18B [Q1] → $3.16B (-$18.9M) [Q2]

5% less funds holding

Funds holding: 407 [Q1] → 388 (-19) [Q2]

30% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 40

36% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 176

40% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]

See Fund Rankings

Financial journalist opinion

Neutral
Seeking Alpha
20 days ago
SHM: Fine As An Idea, Just Doesn't Work Out Well
SHM offers low credit and interest rate risk via short-term municipal bonds, with tax advantages but limited yield. The fund's index-tracking approach and high proportion of unrated bonds may offer slightly higher income without substantial added risk. The expense ratio is reasonable for semi-active management, but the trailing yield of 2.46% barely outpaces inflation.
SHM: Fine As An Idea, Just Doesn't Work Out Well
Positive
ETF Trends
10 months ago
Why Muni Bond ETFs Make Sense in 2025
The Internal Revenue Service has announced new tax brackets for 2025. This makes now an ideal time to revisit the benefits of muni bond ETFs.
Why Muni Bond ETFs Make Sense in 2025
Positive
Seeking Alpha
1 year ago
SHM: Time To Sell This Short-Term Muni ETF
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF has a short duration, highly rated bonds, low expense ratio, but low total return and yield. The ETF invests in short-term U.S. dollar denominated, fixed rate bonds, excluding bonds subject to Alternative Minimum Tax, with a tax-free yield of 1.5%. After my review, its low Total Return over the past decade, coupled with a miserly yield, earns SHM a Strong Sell rating, one of the few I have awarded.
SHM: Time To Sell This Short-Term Muni ETF
Positive
ETF Trends
1 year ago
Chart of the Week: Advisors Looking at Municipal Bonds Choices
Investors continue to turn to low-cost core taxable bond ETFs in 2024. The Vanguard Total Bond Market ETF (BND) and the iShares Core Aggregate Bond ETF (AGG) gathered $2.5 billion and $2.1 billion, respectively, as of late February.
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