SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Shares Down 0% – Here’s What Happened

Shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) were down 0% on Wednesday . The stock traded as low as $24.61 and last traded at $24.65. Approximately 1,894 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 1,436 shares. The stock had previously closed at $24.65.

SPDR SSGA My2028 Municipal Bond ETF Price Performance

The company has a 50-day simple moving average of $24.54 and a two-hundred day simple moving average of $24.43.

SPDR SSGA My2028 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a $0.0627 dividend. This is an increase from SPDR SSGA My2028 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, October 1st.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA My2028 Municipal Bond ETF stock. Exchange Capital Management Inc. grew its position in shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) by 59.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,138 shares of the company’s stock after buying an additional 10,489 shares during the period. Exchange Capital Management Inc. owned 14.07% of SPDR SSGA My2028 Municipal Bond ETF worth $688,000 at the end of the most recent reporting period.

About SPDR SSGA My2028 Municipal Bond ETF

The SPDR SSgA My2028 Municipal Bond ETF (MYMH) 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 2028. Bonds are USD-denominated. MYMH was launched on Sep 23, 2024 and is issued by State Street.