SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Trading 0.1% Higher – Time to Buy?

Shares of SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) shot up 0.1% during trading on Friday . The stock traded as high as $25.06 and last traded at $25.06. 855 shares were traded during mid-day trading, a decline of 94% from the average session volume of 14,063 shares. The stock had previously closed at $25.03.

SPDR SSGA My2030 Corporate Bond ETF Stock Performance

The business has a 50-day moving average price of $25.01 and a two-hundred day moving average price of $25.00.

SPDR SSGA My2030 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued a dividend of $0.102 per share. This is a positive change from SPDR SSGA My2030 Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Thursday, December 18th. This represents a c) annualized dividend and a yield of 4.9%.

Hedge Funds Weigh In On SPDR SSGA My2030 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Heartwood Wealth Advisors LLC increased its stake in shares of SPDR SSGA My2030 Corporate Bond ETF by 2.0% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 348,594 shares of the company’s stock worth $8,718,000 after buying an additional 6,832 shares during the period. Exchange Capital Management Inc. grew its holdings in SPDR SSGA My2030 Corporate Bond ETF by 184.2% during the 2nd quarter. Exchange Capital Management Inc. now owns 135,739 shares of the company’s stock worth $3,379,000 after acquiring an additional 87,976 shares in the last quarter. L2 Asset Management LLC purchased a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the 3rd quarter valued at approximately $1,501,000. Farther Finance Advisors LLC acquired a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the 4th quarter valued at $788,000. Finally, PFG Private Wealth Management LLC purchased a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF during the 3rd quarter worth $202,000.

About SPDR SSGA My2030 Corporate Bond ETF

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.