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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

408 hedge funds and large institutions have $3.18B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2025 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 119 increasing their positions, 178 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 29

0% more funds holding

Funds holding: 406408 (+2)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1.47% less ownership

Funds ownership: 94.54%93.06% (-1.5%)

6% less capital invested

Capital invested by funds: $3.38B → $3.18B (-$200M)

33% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 178

Holders
408
Holders Change
+2
Holders Change %
+0.49%
% of All Funds
5.47%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
36
Increased
119
Reduced
178
Closed
29
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DWM
176
Dynasty Wealth Management
Florida
$895K +$35.9K +754 +4%
1IA
177
1834 Investment Advisors
Wisconsin
$895K -$141K -2,967 -14%
M&T Bank
178
M&T Bank
New York
$892K -$278K -5,829 -24%
FF
179
Friedenthal Financial
New Jersey
$889K -$42.8K -899 -5%
IP
180
Investment Partners
Ohio
$870K -$51.5K -1,081 -6%
RWM
181
Ritholtz Wealth Management
New York
$858K -$44.2K -927 -5%
HF
182
HRT Financial
New York
$857K -$951K -19,955 -53%
AEPWM
183
Atlantic Edge Private Wealth Management
Florida
$853K -$5.95K -125 -0.7%
MFG
184
Merit Financial Group
Georgia
$847K +$113K +2,378 +15%
MA
185
Mutual Advisors
Nebraska
$847K +$34.2K +717 +4%
ITB
186
Idaho Trust Bank
Idaho
$822K
CIA
187
Concurrent Investment Advisors
Florida
$814K -$3.81K -80 -0.5%
BA
188
Bristlecone Advisors
Washington
$811K +$285K +5,989 +54%
MI
189
Moneywise Inc
Virginia
$807K -$114K -2,402 -12%
SCM
190
SCS Capital Management
Massachusetts
$799K +$799K +16,777 New
PC
191
Prairiewood Capital
North Dakota
$790K +$21K +440 +3%
Kovitz Investment Group Partners
192
Kovitz Investment Group Partners
Illinois
$780K -$239K -5,018 -23%
NAS
193
Nicolet Advisory Services
Wisconsin
$779K -$27.5K -577 -3%
IWM
194
IHT Wealth Management
Illinois
$775K +$14K +293 +2%
CA
195
Clearstead Advisors
Ohio
$773K +$21.2K +446 +3%
GWM
196
Geneos Wealth Management
Colorado
$773K +$748K +15,707 +2,958%
BAM
197
Belpointe Asset Management
Nevada
$772K +$772K +16,217 New
FCA
198
Fortis Capital Advisors
Kansas
$772K +$772K +16,217 New
Franklin Resources
199
Franklin Resources
California
$765K +$480K +10,075 +168%
CFP
200
Cypress Financial Planning
New Jersey
$759K +$33.7K +707 +5%

SHM Hedge Fund Activity: Q1 2025 in Review

408 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2025, worth a combined $3.18B — down 5.9% from $3.38B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new SHM positions and 29 closed out — a net gain of 7 holders — while 119 added to existing stakes and 178 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $15.1M. The largest seller was Commonwealth Equity Services, cutting an estimated $41.5M.

  • 408 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2025, up from 406 in Q4 2024.
  • Funds reported $3.18B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2025, down 5.9% quarter-over-quarter.
  • 36 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2025 and 29 closed out, a net change of +7 holders.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2025 was Goldman Sachs, an estimated $15.1M added.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2025 was Commonwealth Equity Services, an estimated $41.5M sold.

Based on aggregated 13F filings for Q1 2025.