State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
356 hedge funds and large institutions have $2.51B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2019 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 124 increasing their positions, 110 reducing their positions, and 32 closing their positions.
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
13% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 110
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more capital inflows, than outflows
Capital inflows: $143M | Capital outflows: $136M
1% more funds holding
Funds holding: 353 → 356 (+3)
0.15% more ownership
Funds ownership: 69.55% → 69.7% (+0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.1M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$13.1M |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$8.22M |
| 4 |
Lenox Wealth Advisors
New York
|
+$6.96M |
| 5 |
Morgan Stanley
New York
|
+$6.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alaska Wealth Advisors
Anchorage,
Alaska
|
-$26.5M |
| 2 |
Bailard
Foster City,
California
|
-$12.6M |
| 3 |
Flow Traders U.S.
New York
|
-$9.37M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$8.77M |
| 5 |
USA Financial Formulas
Ada,
Michigan
|
-$8.06M |
SHM Hedge Fund Activity: Q3 2019 in Review
356 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q3 2019, worth a combined $2.51B — down 0.16% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SHM positions and 32 closed out — a net gain of 6 holders — while 124 added to existing stakes and 110 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $27.1M. The largest seller was Alaska Wealth Advisors, cutting an estimated $26.5M.
- 356 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2019, up from 353 in Q2 2019.
- Funds reported $2.51B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2019, down 0.16% quarter-over-quarter.
- 38 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q3 2019 and 32 closed out, a net change of +6 holders.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q3 2019 was Envestnet Asset Management, an estimated $27.1M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q3 2019 was Alaska Wealth Advisors, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2019.