SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Stock Holdings Lifted by Eagle Global Advisors LLC
Eagle Global Advisors LLC raised its stake in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 28.9% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,683 shares of the company's stock after buying an additional 12,050 shares during the
SHM: Time To Sell This Short-Term Muni ETF
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF has a short duration, highly rated bonds, low expense ratio, but low total return and yield. The ETF invests in short-term U.S. dollar denominated, fixed rate bonds, excluding bonds subject to Alternative Minimum Tax, with a tax-free yield of 1.5%. After my review, its low Total Return over the past decade, coupled with a miserly yield, earns SHM a Strong Sell rating, one of the few I have awarded.
