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

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH)’s share price was up 0% during trading on Friday . The stock traded as high as $24.68 and last traded at $24.6550. Approximately 4,223 shares were traded during mid-day trading, an increase of 194% from the average daily volume of 1,436 shares. The stock had previously closed at $24.65.

SPDR SSGA My2028 Municipal Bond ETF Stock Up 0.0%

The firm has a 50 day simple moving average of $24.65 and a 200 day simple moving average of $24.53.

SPDR SSGA My2028 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were paid a dividend of $0.0604 per share. This is a positive change from SPDR SSGA My2028 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, December 1st.

Institutional Trading of SPDR SSGA My2028 Municipal Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2028 Municipal Bond ETF stock. Exchange Capital Management Inc. grew its stake in shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) by 59.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,138 shares of the company’s stock after purchasing an additional 10,489 shares during the quarter. Exchange Capital Management Inc. owned approximately 14.07% of SPDR SSGA My2028 Municipal Bond ETF worth $688,000 at the end of the most recent quarter.

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.