SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Shares Down 0.2% – Here’s What Happened

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) fell 0.2% during trading on Wednesday . The stock traded as low as $24.32 and last traded at $24.32. 111 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 1,667 shares. The stock had previously closed at $24.36.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

The firm has a 50 day moving average price of $24.55 and a 200-day moving average price of $24.77.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.0982 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Wednesday, July 1st. This is a boost from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Investors Weigh In On SPDR SSGA My2033 Corporate Bond ETF

Several institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter worth approximately $240,000. Global Assets Advisory LLC bought a new position in SPDR SSGA My2033 Corporate Bond ETF in the first quarter valued at approximately $476,000. Global Financial Private Client LLC boosted its stake in SPDR SSGA My2033 Corporate Bond ETF by 25.7% in the first quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after acquiring an additional 4,311 shares during the last quarter. Private Advisor Group LLC grew its holdings in SPDR SSGA My2033 Corporate Bond ETF by 41.6% during the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after acquiring an additional 7,965 shares during the period. Finally, Lido Advisors LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter worth $2,579,000.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

The SPDR SSgA My2033 Corporate Bond ETF (MYCM) 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 2033. Bonds are USD-denominated. MYCM was launched on Sep 23, 2024 and is issued by State Street.