SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Stock Price Down 0.2% – Here’s What Happened

Shares of SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) dropped 0.2% on Wednesday . The company traded as low as $24.32 and last traded at $24.32. Approximately 111 shares were traded during trading, a decline of 93% from the average session volume of 1,667 shares. The stock had previously closed at $24.36.

SPDR SSGA My2033 Corporate Bond ETF Price Performance

The company has a 50-day simple moving average of $24.55 and a 200-day simple moving average of $24.77.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0982 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Lido Advisors LLC grew its holdings in SPDR SSGA My2033 Corporate Bond ETF by 27.9% during the 1st quarter. Lido Advisors LLC now owns 132,123 shares of the company’s stock worth $3,268,000 after acquiring an additional 28,781 shares during the last quarter. Global Assets Advisory LLC bought a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the first quarter worth about $476,000. Private Advisor Group LLC lifted its position in shares of SPDR SSGA My2033 Corporate Bond ETF by 41.6% during the first quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after purchasing an additional 7,965 shares in the last quarter. Global Financial Private Client LLC grew its stake in shares of 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 during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF in the fourth quarter valued at approximately $240,000.

About SPDR SSGA My2033 Corporate Bond ETF

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.