SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Shares Down 0.1% – Here’s What Happened

Shares of SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) fell 0.1% during mid-day trading on Thursday . The stock traded as low as $25.09 and last traded at $25.1090. 77 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 3,555 shares. The stock had previously closed at $25.13.

SPDR SSGA My2031 Corporate Bond ETF Stock Down 0.1%

The stock’s fifty day moving average is $25.11 and its 200-day moving average is $25.05.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a dividend of $0.0978 per share. This is a boost from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 4.7%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MYCK. PFG Private Wealth Management LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF in the 3rd quarter worth approximately $203,000. L2 Asset Management LLC acquired a new position in SPDR SSGA My2031 Corporate Bond ETF during the third quarter valued at approximately $485,000. Global Financial Private Client LLC raised its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 49.9% in the second quarter. Global Financial Private Client LLC now owns 26,562 shares of the company’s stock valued at $662,000 after purchasing an additional 8,848 shares during the period. Jane Street Group LLC raised its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the first quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock valued at $892,000 after purchasing an additional 25,607 shares during the period. Finally, Exchange Capital Management Inc. lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 86.6% in the second quarter. Exchange Capital Management Inc. now owns 54,542 shares of the company’s stock worth $1,359,000 after buying an additional 25,307 shares during the last quarter.

About SPDR SSGA My2031 Corporate Bond ETF

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.