SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Trading Up 0.1% – Time to Buy?

Shares of SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) rose 0.1% on Monday . The stock traded as high as $25.34 and last traded at $25.30. Approximately 2 shares traded hands during trading, a decline of 100% from the average daily volume of 13,634 shares. The stock had previously closed at $25.28.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

The business’s fifty day moving average is $25.14 and its 200-day moving average is $25.14.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.0919 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. L2 Asset Management LLC increased its stake in SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the fourth quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock worth $574,000 after acquiring an additional 3,615 shares during the last quarter. PFG Private Wealth Management LLC purchased a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter worth about $203,000. Jane Street Group LLC grew its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after purchasing an additional 25,607 shares during the period. Finally, Lido Advisors LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 4th quarter worth approximately $2,422,000.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.