SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Stock Price Down 0.5% – Time to Sell?

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM)’s stock price traded down 0.5% during trading on Monday . The stock traded as low as $24.90 and last traded at $24.90. 1,493 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 1,119 shares. The stock had previously closed at $25.02.

SPDR SSGA My2033 Corporate Bond ETF Price Performance

The stock has a 50-day moving average of $25.00 and a 200-day moving average of $24.95.

SPDR SSGA My2033 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.0925 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SPDR SSGA My2033 Corporate Bond ETF stock. PFG Private Wealth Management LLC bought a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,123 shares of the company’s stock, valued at approximately $203,000. PFG Private Wealth Management LLC owned about 4.06% of SPDR SSGA My2033 Corporate Bond ETF at the end of the most recent reporting period.

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.