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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

355 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 36 funds opening new positions, 125 increasing their positions, 110 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 110

13% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 32

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

0% more funds holding

Funds holding: 354355 (+1)

0.12% more ownership

Funds ownership: 69.57%69.69% (+0.12%)

0% less capital invested

Capital invested by funds: $2.52B → $2.51B (-$3.5M)

Holders
355
Holders Change
+1
Holders Change %
+0.28%
% of All Funds
7.79%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.22%
New
36
Increased
125
Reduced
110
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$713M +$2.02M +41,119 +0.3%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$133M +$27.1M +551,781 +26%
RJA
3
Raymond James & Associates
Florida
$130M +$4.2M +85,579 +3%
Morgan Stanley
4
Morgan Stanley
New York
$113M +$6.42M +130,683 +6%
UBS Group
5
UBS Group
Switzerland
$85.1M +$5.65M +115,025 +7%
Northwestern Mutual Wealth Management
6
Northwestern Mutual Wealth Management
Wisconsin
$76.2M +$872K +17,753 +1%
Mercer Global Advisors
7
Mercer Global Advisors
Colorado
$71M +$13.1M +267,726 +23%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$65.3M -$3.16M -64,278 -5%
BWM
9
Biltmore Wealth Management
Arizona
$65.3M -$571K -11,624 -0.9%
Citigroup
10
Citigroup
New York
$58.3M -$1.35M -27,553 -2%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$58M +$3.3M +67,283 +6%
Wells Fargo
12
Wells Fargo
California
$52.8M +$2.06M +41,891 +4%
Ameriprise
13
Ameriprise
Minnesota
$50.7M -$961K -19,583 -2%
CAM
14
Caprin Asset Management
Virginia
$42.4M -$796K -16,210 -2%
TNBTD
15
Trustmark National Bank Trust Department
Mississippi
$25.5M +$313K +6,374 +1%
Stifel Financial
16
Stifel Financial
Missouri
$23.3M -$1.07M -21,749 -4%
PSUF
17
People's United Financial
Connecticut
$21.6M -$1.89M -38,590 -8%
RWP
18
RWA Wealth Partners
Massachusetts
$20.3M +$762K +15,528 +4%
NAS
19
Nicolet Advisory Services
Wisconsin
$19.1M -$161K -3,270 -0.8%
Financial Engines Advisors
20
Financial Engines Advisors
California
$17.3M +$4.58M +93,253 +36%
BTS
21
BB&T Securities
Virginia
$16.7M -$120K -2,452 -0.7%
ECM
22
ETrade Capital Management
Virginia
$16.5M +$3.67M +74,839 +29%
CCG
23
Chatham Capital Group
Georgia
$16.3M -$275K -5,600 -2%
AWS
24
AJ Wealth Strategies
New York
$15.5M +$828K +16,875 +6%
G
25
GenTrust
Florida
$15M +$2.55M +51,925 +20%

SHM Hedge Fund Activity: Q3 2019 in Review

355 of the 4,560 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 0.14% from $2.52B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new SHM positions and 32 closed out — a net gain of 4 holders — while 125 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.

  • 355 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q3 2019, up from 354 in Q2 2019.
  • Funds reported $2.51B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q3 2019, down 0.14% quarter-over-quarter.
  • 36 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 +4 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.