SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Stock Price Up 0.4% – Time to Buy?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) shares shot up 0.4% during mid-day trading on Tuesday . The stock traded as high as $24.87 and last traded at $24.87. 3,213 shares were traded during mid-day trading, an increase of 6% from the average session volume of 3,043 shares. The stock had previously closed at $24.77.

SPDR SSGA My2032 Corporate Bond ETF Trading Up 0.4%

The firm has a 50-day moving average of $25.07 and a two-hundred day moving average of $25.07.

SPDR SSGA My2032 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.0949 dividend. This is a boost from SPDR SSGA My2032 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at approximately $2,502,000. Moneco Advisors LLC bought a new position in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter valued at approximately $1,514,000. Finally, PFG Private Wealth Management LLC bought a new position in SPDR SSGA My2032 Corporate Bond ETF in the 3rd quarter valued at approximately $203,000.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.