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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

419 hedge funds and large institutions have $3.63B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 124 increasing their positions, 181 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.33% more ownership

Funds ownership: 94.57%95.91% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 31

1% less capital invested

Capital invested by funds: $3.65B → $3.63B (-$18.5M)

1% less funds holding

Funds holding: 424419 (-5)

31% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 181

Holders
419
Holders Change
-5
Holders Change %
-1.18%
% of All Funds
6.05%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
31
Increased
124
Reduced
181
Closed
31
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
$750M -$5.55M -117,713 -0.7%
Wells Fargo
2
Wells Fargo
California
$399M -$41.4K -877 -0%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$286M -$3.41M -72,411 -1%
Goldman Sachs
4
Goldman Sachs
New York
$273M -$82.3M -1,744,753 -23%
Morgan Stanley
5
Morgan Stanley
New York
$263M -$3.64M -77,103 -1%
Mercer Global Advisors
6
Mercer Global Advisors
Colorado
$135M -$4.39M -93,003 -3%
UCFA
7
United Capital Financial Advisors
Texas
$119M -$1.05M -22,278 -0.9%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$112M +$7.22M +153,185 +7%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$77.8M +$5.37M +113,815 +7%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$76.4M -$4.71M -99,814 -6%
CCWA
11
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$71M +$5.2M +110,252 +8%
Betterment LLC
12
Betterment LLC
New York
$63.7M +$63.6M +1,349,895 New
QC
13
Quent Capital
New York
$47.5M +$6.3M +133,586 +15%
Financial Engines Advisors
14
Financial Engines Advisors
California
$35.8M -$90.3K -1,916 -0.3%
LPL Financial
15
LPL Financial
California
$31.5M -$566K -12,013 -2%
Stifel Financial
16
Stifel Financial
Missouri
$30.9M +$6.07M +128,711 +25%
JP Morgan Chase
17
JP Morgan Chase
New York
$27.5M -$450K -9,534 -2%
Jane Street
18
Jane Street
New York
$26.7M +$22.6M +478,282 +553%
UBS Group
19
UBS Group
Switzerland
$25.6M +$561K +11,898 +2%
HB
20
HTLF Bank
Colorado
$23.8M -$737K -15,627 -3%
WAP
21
Wealthcare Advisory Partners
Pennsylvania
$22.4M +$1.01M +21,519 +5%
Wealth Enhancement Advisory Services
22
Wealth Enhancement Advisory Services
Minnesota
$22.1M -$397K -8,427 -2%
SEI Investments
23
SEI Investments
Pennsylvania
$19.4M -$738K -15,657 -4%
ONB
24
Old National Bancorp
Indiana
$16.2M -$2.39M -50,603 -13%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$15.1M +$12.7M +269,496 +542%

SHM Hedge Fund Activity: Q2 2024 in Review

419 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q2 2024, worth a combined $3.63B — down 0.51% from $3.65B a quarter earlier.

Fund positioning in SHM was balanced in Q2 2024: 31 funds opened new positions, 31 closed out, 124 added to existing stakes and 181 trimmed.

The largest buyer was Betterment LLC, opening a new position worth an estimated $63.6M. The largest seller was Goldman Sachs, cutting an estimated $82.3M.

  • 419 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q2 2024, down from 424 in Q1 2024.
  • Funds reported $3.63B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q2 2024, down 0.51% quarter-over-quarter.
  • 31 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q2 2024 and 31 closed out, a net change of 0 holders.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q2 2024 was Betterment LLC, an estimated $63.6M added.
  • The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q2 2024 was Goldman Sachs, an estimated $82.3M sold.

Based on aggregated 13F filings for Q2 2024.