SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Shares Up 0% – Here’s What Happened

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) shot up 0% during trading on Friday . The stock traded as high as $24.68 and last traded at $24.6550. 4,223 shares changed hands during trading, an increase of 194% from the average session volume of 1,436 shares. The stock had previously closed at $24.65.

SPDR SSGA My2028 Municipal Bond ETF Stock Up 0.0%

The business’s fifty day moving average is $24.65 and its 200-day moving average is $24.53.

SPDR SSGA My2028 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were given a dividend of $0.0604 per share. This represents a c) annualized dividend and a yield of 2.9%. This is a boost from SPDR SSGA My2028 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, December 1st.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA My2028 Municipal Bond ETF stock. Exchange Capital Management Inc. lifted its stake in shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) by 59.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,138 shares of the company’s stock after acquiring an additional 10,489 shares during the quarter. Exchange Capital Management Inc. owned approximately 14.07% of SPDR SSGA My2028 Municipal Bond ETF worth $688,000 at the end of the most recent reporting period.

SPDR SSGA My2028 Municipal Bond ETF Company Profile

The SPDR SSgA My2028 Municipal Bond ETF (MYMH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade municipal bonds with effective maturities in 2028. Bonds are USD-denominated. MYMH was launched on Sep 23, 2024 and is issued by State Street.