SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Shares Break Above 50 Day Moving Average – Time to Sell?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL)’s stock price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $23.86 and traded as high as $23.91. SPDR SSGA My2032 Corporate Bond ETF shares last traded at $23.90, with a volume of 1,699 shares traded.

SPDR SSGA My2032 Corporate Bond ETF Trading Up 0.2%

The business has a 50-day moving average price of $23.86 and a 200-day moving average price of $24.53.

Institutional Investors Weigh In On SPDR SSGA My2032 Corporate Bond ETF

A hedge fund recently bought a new position in SPDR SSGA My2032 Corporate Bond ETF stock. Private Advisor Group LLC acquired a new stake in shares of SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,812 shares of the company’s stock, valued at approximately $268,000. Private Advisor Group LLC owned approximately 2.70% of SPDR SSGA My2032 Corporate Bond ETF at the end of the most recent quarter.

About SPDR SSGA My2032 Corporate Bond ETF

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.