Pinnacle Financial Partners Inc. Invests $365,000 in SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd (SHM)

Pinnacle Financial Partners Inc. bought a new position in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd (NYSEARCA:SHM) during the 4th quarter, HoldingsChannel reports. The firm bought 7,613 shares of the company’s stock, valued at approximately $365,000.

Several other hedge funds have also made changes to their positions in the company. Juncture Wealth Strategies LLC grew its holdings in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd by 18.9% during the fourth quarter. Juncture Wealth Strategies LLC now owns 6,684 shares of the company’s stock worth $320,000 after purchasing an additional 1,062 shares during the last quarter. Compass Financial Group Inc. lifted its stake in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd by 4.7% during the fourth quarter. Compass Financial Group Inc. now owns 24,339 shares of the company’s stock valued at $1,166,000 after acquiring an additional 1,087 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd by 2.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 56,996 shares of the company’s stock valued at $2,730,000 after acquiring an additional 1,400 shares during the period. Ironwood Investment Counsel LLC lifted its stake in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd by 27.8% during the fourth quarter. Ironwood Investment Counsel LLC now owns 6,436 shares of the company’s stock valued at $308,000 after acquiring an additional 1,400 shares during the period. Finally, First Allied Advisory Services Inc. lifted its stake in shares of SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd by 3.8% during the third quarter. First Allied Advisory Services Inc. now owns 45,151 shares of the company’s stock valued at $2,183,000 after acquiring an additional 1,669 shares during the period.

SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd (NYSEARCA:SHM) opened at $47.92 on Thursday. SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd has a one year low of $47.77 and a one year high of $48.95.

The company also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a dividend of $0.0412 per share. This represents a $0.49 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, February 1st. This is a positive change from SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd’s previous monthly dividend of $0.04.

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About SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd

SPDR Nuveen Barclays Short Term Municipal Bond ETF (the Fund), formerly SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF, correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the Index). The Fund uses a passive management strategy designed to track the Index.

Want to see what other hedge funds are holding SHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd (NYSEARCA:SHM).

Institutional Ownership by Quarter for SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd (NYSEARCA:SHM)

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