SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) Stock Price Today & Analysis
SHM
Valuation
Market cap$4.27B
Price-to-sales ratioN/A
Price-to-book valueN/A
Price-earnings ratio0.00
Return on EquityN/A
Return on SalesN/A
Return on AssetsN/A
PEG ratioN/A
Earnings Per Share
Earnings Per ShareN/A
Income Statement
Average volume356,620
EBITDAN/A
1 year high (52w)$48.51
1 year low (52w)$46.56
Dividend
Dividend yield2.61%
Solvency
Debt-to-equity ratioN/A
About SPDR Nuveen ICE Short Term Municipal Bond ETF
SHMs take on short-term municipal bonds emphasizes high credit quality. It holds USD- denominated state and local general obligation, revenue, pre-refunded, and insured bonds. All bonds must be rated Aa3/AA- The fund excludes bonds with maturities greater than 5 years, so expect lower sensitivity to changes in interest rates. The bonds included in the index must have an outstanding par value of at least USD 7 million and be issued as part of a transaction of at least USD 75 million. However, the following bonds are excluded: hospital, housing, tobacco, and airline bonds, along with remarketed issues, floaters, and derivatives. The Index undergoes a monthly rebalance and caps issuers at 10%.
FAQ
You can easily purchase SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'SHM' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in SPDR Nuveen ICE Short Term Municipal Bond ETF with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
