SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Stock Price Up 0.1% – What’s Next?

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK)’s share price rose 0.1% during mid-day trading on Friday . The company traded as high as $25.20 and last traded at $25.19. Approximately 5,309 shares were traded during trading, an increase of 123% from the average daily volume of 2,385 shares. The stock had previously closed at $25.17.

SPDR SSGA My2031 Corporate Bond ETF Trading Up 0.1%

The company’s 50 day moving average price is $25.13 and its 200 day moving average price is $25.09.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were given a dividend of $0.0978 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. PFG Private Wealth Management LLC acquired a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF during the third quarter worth about $203,000. L2 Asset Management LLC purchased a new position in SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter worth approximately $485,000. Jane Street Group LLC raised its position in 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 buying an additional 25,607 shares during the last quarter. Finally, Exchange Capital Management Inc. lifted its stake in SPDR SSGA My2031 Corporate Bond ETF by 86.6% during the 2nd quarter. Exchange Capital Management Inc. now owns 54,542 shares of the company’s stock valued at $1,359,000 after acquiring an additional 25,307 shares during the period.

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.