SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) Stock Price Up 0% – Should You Buy?

SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) rose 0% on Wednesday . The stock traded as high as $24.97 and last traded at $24.9690. Approximately 324 shares were traded during trading, a decline of 75% from the average daily volume of 1,292 shares. The stock had previously closed at $24.96.

SPDR SSGA My2026 Municipal Bond ETF Price Performance

The firm has a 50-day simple moving average of $24.95 and a 200 day simple moving average of $24.88.

SPDR SSGA My2026 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA My2026 Municipal Bond ETF stock. Exchange Capital Management Inc. increased its stake in SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) by 18.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,678 shares of the company’s stock after acquiring an additional 5,928 shares during the quarter. Exchange Capital Management Inc. owned 18.84% of SPDR SSGA My2026 Municipal Bond ETF worth $937,000 at the end of the most recent reporting period.

About SPDR SSGA My2026 Municipal Bond ETF

The SPDR SSgA My2026 Municipal Bond ETF (MYMF) 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 2026. Bonds are USD-denominated. MYMF was launched on Sep 23, 2024 and is issued by State Street.