SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Increases Dividend to $0.10 Per Share

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.0982 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Wednesday, July 1st. This is a 1.8% increase from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2033 Corporate Bond ETF Price Performance

MYCM stock traded down $0.13 during trading on Wednesday, hitting $24.54. 283 shares of the company’s stock were exchanged, compared to its average volume of 1,777. The business has a 50-day moving average price of $24.65 and a two-hundred day moving average price of $24.83. SPDR SSGA My2033 Corporate Bond ETF has a 52-week low of $24.35 and a 52-week high of $25.30.

Institutional Trading of SPDR SSGA My2033 Corporate Bond ETF

Several institutional investors have recently modified their holdings of MYCM. 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. Jane Street Group LLC lifted its position in SPDR SSGA My2033 Corporate Bond ETF by 191.3% in the first quarter. Jane Street Group LLC now owns 45,657 shares of the company’s stock valued at $1,113,000 after acquiring an additional 29,986 shares during the last quarter. Private Advisor Group LLC lifted its position in SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the first 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 last quarter. Global Assets Advisory LLC acquired a new position in SPDR SSGA My2033 Corporate Bond ETF in the first quarter valued at $476,000. Finally, Global Financial Private Client LLC grew its holdings in shares of SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the first quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock worth $521,000 after purchasing an additional 4,311 shares during the last quarter.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

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.