SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Shares Up 0.1% – What’s Next?

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ)’s share price shot up 0.1% on Friday . The stock traded as high as $25.04 and last traded at $25.0490. 16,703 shares changed hands during trading, an increase of 251% from the average session volume of 4,765 shares. The stock had previously closed at $25.02.

SPDR SSGA My2030 Municipal Bond ETF Price Performance

The firm’s 50-day moving average is $24.88 and its 200-day moving average is $24.74.

SPDR SSGA My2030 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were issued a $0.0617 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Thursday, December 18th.

Institutional Trading of SPDR SSGA My2030 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2030 Municipal Bond ETF stock. Exchange Capital Management Inc. boosted its position in SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 39.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,663 shares of the company’s stock after buying an additional 9,023 shares during the quarter. Exchange Capital Management Inc. owned approximately 9.05% of SPDR SSGA My2030 Municipal Bond ETF worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

SPDR SSGA My2030 Municipal Bond ETF Company Profile

The SPDR SSgA My2030 Municipal Bond ETF (MYMJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade municipal bonds with effective maturities in 2030. Bonds are USD-denominated. MYMJ was launched on Sep 23, 2024 and is issued by State Street.