NYSEARCA:SHM

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM) Price, Holdings, & News

$47.08
-0.02 (-0.04%)
(As of 04/26/2024 ET)
Today's Range
$47.08
$47.14
50-Day Range
$47.08
$47.70
52-Week Range
$46.06
$47.90
Volume
346,271 shs
Average Volume
290,550 shs
Market Capitalization
$3.83 billion
Assets Under Management
$3.83 billion
Dividend Yield
1.34%
Net Expense Ratio
0.20%
SHM stock logo

About SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (NYSEARCA:SHM)

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. The Index tracks publicly traded municipal bonds that cover the United States dollar-denominated, short-term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds. The Fund’s investment manager is SSgA Funds Management, Inc.

SHM Stock Price History

SHM ETF News Headlines

The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
See More Headlines
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Fund Details

Issuer
SSgA
Fund Name
SPDR Nuveen Barclays Short Term Municipal Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SHM
Inception Date
10/10/2007
Fund Manager
Timothy T. Ryan, Steven M. Hlavin

Fund Focus

Asset Class
Fixed Income
Benchmark
Bloomberg Managed Money Municipal Short Term Index
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
765

Fund Statistics

Assets Under Management
$3.83 billion
Average Daily Volume
$298,824.90
Discount/Premium
-0.04%

Administrator, Advisor and Custodian

Administrator
SSgA Funds Management, Inc.
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
State Street Global Advisors Funds Distributors, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
422,200 shs

Miscellaneous

Beta
0.04
Creation Unit
100,000
Creation Fee
$250.00
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SPDR Nuveen Bloomberg Short Term Municipal Bond ETF Expenses

TypeSHMBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.20%0.33%0.32%0.50%0.51%
Other Expenses0.00%0.47%0.27%0.64%0.58%
Total Expense0.20%0.44%0.40%0.74%0.70%
Fee Waiver0.00%-0.32%-0.24%-0.68%-0.57%
Net Expense0.20%0.37%0.35%0.58%0.58%

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM) Holdings & Exposure

Top 10 SHM Holdings

  • -
    Holding Weight: 100.00%
  • NYCUTL 5.000 06/15/26
    Holding Weight: 0.97%
  • CAS 5.000 10/01/27
    Holding Weight: 0.92%
  • CHBGEN 4.000 11/01/25
    Holding Weight: 0.91%
  • CAS 5.000 09/01/28
    Holding Weight: 0.85%
  • NYC 5.000 08/01/27
    Holding Weight: 0.84%
  • CAS 5.000 10/01/26
    Holding Weight: 0.78%
  • TRBTRN 4.000 05/15/27
    Holding Weight: 0.76%
  • UNVHGR 5.000 05/15/28
    Holding Weight: 0.69%
  • CASFAC 5.000 02/01/26
    Holding Weight: 0.68%

SHM Sector Exposure

SHM Geographic Exposure

Key Executives

  • Frank Nesvet (Age 69)
    Independent Chairman of the Board of Trustees
  • James E. Ross (Age 52)
    President, Trustee
  • Julie B. Piatelli (Age 45)
    Chief Compliance Officer
  • Ellen M. Needham (Age 46)
    Vice President
  • Michael P. Riley (Age 44)
    Vice President
  • Gary L. French (Age 64)
    Treasurer
  • Matthew W. Flaherty (Age 42)
    Assistant Treasurer
  • Chad C. Hallett (Age 47)
    Assistant Treasurer
  • Laura Healy (Age 52)
    Assistant Treasurer
  • Ryan M. Louvar (Age 42)
    Secretary

SHM ETF - Frequently Asked Questions

How have SHM shares performed in 2024?

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF's stock was trading at $47.79 at the beginning of the year. Since then, SHM stock has decreased by 1.5% and is now trading at $47.08.
View the best growth stocks for 2024 here
.

How often does SPDR Nuveen Bloomberg Short Term Municipal Bond ETF pay dividends? What is the dividend yield for SPDR Nuveen Bloomberg Short Term Municipal Bond ETF?

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF announced a dividend on Wednesday, January 3rd. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.0644 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous dividend of $0.04.
Read our dividend analysis for SHM
.

What does SHM invest in?

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF is a fixed income fund issued by SSgA. SHM focuses on broad municipals investments and follows the Bloomberg Managed Money Municipal Short Term Index. The fund's investments total to approximately $3.83 billion assets under management.

What is the management fee for SPDR Nuveen Bloomberg Short Term Municipal Bond ETF?

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF's management fee is 0.20% and has no other recorded expenses or fee waivers. The net expense ratio for SHM is 0.20%.

What other stocks do shareholders of SPDR Nuveen Bloomberg Short Term Municipal Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR Nuveen Bloomberg Short Term Municipal Bond ETF investors own include VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), Care.com (CRCM), Centrica (CPYYY), Central Pacific Financial (CPF), Costco Wholesale (COST), Burford Capital (BUR), BioMarin Pharmaceutical (BMRN), AVEO Pharmaceuticals (AVEO), Archrock (AROC) and Evoqua Water Technologies (AQUA).

Who are SPDR Nuveen Bloomberg Short Term Municipal Bond ETF's major shareholders?

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Symmetry Partners LLC (0.18%), Confluence Investment Management LLC (0.09%), ST Germain D J Co. Inc. (0.08%), Parkside Investments LLC (0.04%), Massmutual Trust Co. FSB ADV (0.04%) and Summit Financial LLC (0.03%).
View institutional ownership trends
.

How do I buy shares of SPDR Nuveen Bloomberg Short Term Municipal Bond ETF?

Shares of SHM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SHM) was last updated on 4/28/2024 by MarketBeat.com Staff

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