SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Shares Down 0.2% – What’s Next?

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) shares fell 0.2% during trading on Thursday . The company traded as low as $24.83 and last traded at $24.83. 377 shares changed hands during trading, a decline of 73% from the average session volume of 1,388 shares. The stock had previously closed at $24.87.

SPDR SSGA My2033 Corporate Bond ETF Trading Down 0.2%

The stock’s 50-day moving average is $24.88 and its 200 day moving average is $24.97.

SPDR SSGA My2033 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.0968 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PFG Private Wealth Management LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF during the third quarter valued at approximately $203,000. Jane Street Group LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter valued at approximately $240,000. Global Financial Private Client LLC grew its position in SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the first quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after purchasing an additional 4,311 shares in the last quarter. Finally, Lido Advisors LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter valued at approximately $2,579,000.

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.