SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Trading Up 0% – Time to Buy?

Shares of SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) rose 0% during trading on Thursday . The stock traded as high as $25.07 and last traded at $25.0410. Approximately 5,963 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 11,652 shares. The stock had previously closed at $25.03.

SPDR SSGA My2026 Corporate Bond ETF Trading Up 0.0%

The business’s 50-day moving average is $25.08 and its 200-day moving average is $25.07.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a dividend of $0.0925 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, December 1st.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the stock. McCarthy & Cox purchased a new position in SPDR SSGA My2026 Corporate Bond ETF in the second quarter valued at $5,328,000. Gradient Investments LLC grew its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 3.6% during the 2nd quarter. Gradient Investments LLC now owns 145,946 shares of the company’s stock valued at $3,662,000 after acquiring an additional 5,110 shares during the period. Exchange Capital Management Inc. increased its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 349.6% in the 2nd quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock valued at $2,559,000 after purchasing an additional 79,295 shares in the last quarter. Susquehanna International Group LLP increased its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after purchasing an additional 3,959 shares in the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter worth about $699,000.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.