SPDR SSGA My2027 Corporate Bond ETF Declares Dividend of $0.09 (NASDAQ:MYCG)

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) declared a dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.0883 per share on Monday, April 6th. The ex-dividend date of this dividend is Wednesday, April 1st.

SPDR SSGA My2027 Corporate Bond ETF Trading Down 0.3%

NASDAQ:MYCG traded down $0.08 during mid-day trading on Wednesday, hitting $24.92. 1,595 shares of the company’s stock were exchanged, compared to its average volume of 5,400. SPDR SSGA My2027 Corporate Bond ETF has a one year low of $24.65 and a one year high of $27.31. The business has a fifty day moving average price of $25.04 and a 200 day moving average price of $25.05.

Hedge Funds Weigh In On SPDR SSGA My2027 Corporate Bond ETF

Several large investors have recently modified their holdings of the stock. Lido Advisors LLC bought a new position in SPDR SSGA My2027 Corporate Bond ETF in the 4th quarter worth about $2,761,000. Gradient Investments LLC increased its position in shares of SPDR SSGA My2027 Corporate Bond ETF by 263.4% during the fourth quarter. Gradient Investments LLC now owns 120,534 shares of the company’s stock valued at $3,018,000 after acquiring an additional 87,364 shares in the last quarter. L2 Asset Management LLC purchased a new position in SPDR SSGA My2027 Corporate Bond ETF in the 3rd quarter worth approximately $1,501,000. JPMorgan Chase & Co. purchased a new position in SPDR SSGA My2027 Corporate Bond ETF in the 2nd quarter worth approximately $916,000. Finally, LPL Financial LLC lifted its position in SPDR SSGA My2027 Corporate Bond ETF by 11.7% in the 4th quarter. LPL Financial LLC now owns 230,565 shares of the company’s stock valued at $5,774,000 after acquiring an additional 24,240 shares in the last quarter.

About SPDR SSGA My2027 Corporate Bond ETF

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.