SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Shares Down 0.5% – Here’s What Happened

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL)’s stock price dropped 0.5% during trading on Friday . The stock traded as low as $24.49 and last traded at $24.49. Approximately 1,805 shares were traded during trading, a decline of 20% from the average daily volume of 2,259 shares. The stock had previously closed at $24.62.

SPDR SSGA My2032 Corporate Bond ETF Trading Down 0.5%

The company’s fifty day moving average is $24.72 and its 200-day moving average is $24.92.

SPDR SSGA My2032 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.095 per share. This is a boost from SPDR SSGA My2032 Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MYCL. PFG Private Wealth Management LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the third quarter worth $203,000. Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the first quarter worth $268,000. Global Financial Private Client LLC raised its holdings in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% during the first quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock worth $685,000 after purchasing an additional 10,902 shares during the last quarter. Moneco Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the fourth quarter worth $1,514,000. Finally, Lido Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the fourth quarter worth $2,502,000.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.