SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Trading 0.1% Higher – Should You Buy?

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ)’s stock price shot up 0.1% during trading on Friday . The company traded as high as $25.04 and last traded at $25.0490. 16,703 shares changed hands during trading, an increase of 251% from the average session volume of 4,765 shares. The stock had previously closed at $25.02.

SPDR SSGA My2030 Municipal Bond ETF Price Performance

The business’s 50-day simple moving average is $24.88 and its 200-day simple moving average is $24.74.

SPDR SSGA My2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were given a dividend of $0.0617 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 3.0%.

Institutional Investors Weigh In On SPDR SSGA My2030 Municipal Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2030 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC lifted its holdings in shares of SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 236,525 shares of the company’s stock after acquiring an additional 2,443 shares during the quarter. Heartwood Wealth Advisors LLC owned approximately 59.13% of SPDR SSGA My2030 Municipal Bond ETF worth $5,876,000 as of its most recent filing with the Securities & Exchange Commission.

About SPDR SSGA My2030 Municipal Bond ETF

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