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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
Bank of America
1
Bank of America
North Carolina
$881M -$32.2M -675,641 -4%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$247M -$32.2M -675,655 -12%
Goldman Sachs
3
Goldman Sachs
New York
$242M +$15.1M +317,230 +7%
Wells Fargo
4
Wells Fargo
California
$200M -$29.6M -621,674 -13%
Northwestern Mutual Wealth Management
5
Northwestern Mutual Wealth Management
Wisconsin
$124M +$4.77M +100,116 +4%
Mercer Global Advisors
6
Mercer Global Advisors
Colorado
$117M -$6.48M -136,068 -5%
UCFA
7
United Capital Financial Advisors
Texas
$116M -$1.13M -23,799 -1%
Morgan Stanley
8
Morgan Stanley
New York
$104M -$5.84M -122,669 -5%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$77.1M -$7.76M -162,974 -9%
CCWA
10
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$71.8M -$9.87M -207,259 -12%
QC
11
Quent Capital
New York
$67.6M +$4.14M +86,859 +7%
LPL Financial
12
LPL Financial
California
$34.7M -$434K -9,106 -1%
KIM
13
Karpus Investment Management
New York
$34.3M +$8.02M +168,456 +30%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$33.9M -$41.5M -871,722 -55%
Financial Engines Advisors
15
Financial Engines Advisors
California
$31.5M -$971K -20,390 -3%
JP Morgan Chase
16
JP Morgan Chase
New York
$28.2M -$862K -18,091 -3%
WAP
17
Wealthcare Advisory Partners
Pennsylvania
$28.1M +$1.3M +27,391 +5%
Stifel Financial
18
Stifel Financial
Missouri
$25M -$1.77M -37,182 -7%
Betterment LLC
19
Betterment LLC
New York
$23.9M -$3.57M -75,037 -13%
Wealth Enhancement Advisory Services
20
Wealth Enhancement Advisory Services
Minnesota
$22.8M -$4.54M -95,224 -17%
UBS Group
21
UBS Group
Switzerland
$20.5M -$3.98M -83,528 -16%
GKWIM
22
Gerber Kawasaki Wealth & Investment Management
California
$18.4M +$1.7M +35,777 +10%
PCIA
23
Prime Capital Investment Advisors
Kansas
$16.7M +$2.21M +46,374 +15%
Jane Street
24
Jane Street
New York
$15.5M -$21.5M -451,774 -58%
CM
25
Cercano Management
Washington
$15M +$15M +314,202 New

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.