SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Stock Price Down 0.2% – What’s Next?

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM)’s stock price was down 0.2% on Monday . The company traded as low as $24.19 and last traded at $24.20. 1,852 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 1,715 shares. The stock had previously closed at $24.25.

SPDR SSGA My2033 Corporate Bond ETF Trading Down 0.2%

The company’s fifty day simple moving average is $24.44 and its 200-day simple moving average is $24.68.

SPDR SSGA My2033 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.098 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in SPDR SSGA My2033 Corporate Bond ETF in the fourth quarter worth approximately $240,000. Global Assets Advisory LLC bought a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 1st quarter valued at $476,000. Global Financial Private Client LLC boosted its position in SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the 1st quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after acquiring an additional 4,311 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock valued at $670,000 after acquiring an additional 7,965 shares during the period. Finally, Lido Advisors LLC purchased a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the 4th quarter valued at $2,579,000.

About SPDR SSGA My2033 Corporate Bond ETF

The SPDR SSgA My2033 Corporate Bond ETF (MYCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2033. Bonds are USD-denominated. MYCM was launched on Sep 23, 2024 and is issued by State Street.