SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Trading 0% Higher – Still a Buy?

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ)’s share price shot up 0% during trading on Monday . The stock traded as high as $25.12 and last traded at $25.1190. 1,120 shares were traded during mid-day trading, a decline of 69% from the average session volume of 3,561 shares. The stock had previously closed at $25.11.

SPDR SSGA My2030 Municipal Bond ETF Stock Performance

The firm has a 50-day moving average price of $24.96 and a two-hundred day moving average price of $24.83.

SPDR SSGA My2030 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0604 dividend. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of SPDR SSGA My2030 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2030 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC lifted its position in SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 2.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 234,082 shares of the company’s stock after purchasing an additional 5,723 shares during the period. Heartwood Wealth Advisors LLC owned 58.52% of SPDR SSGA My2030 Municipal Bond ETF worth $5,802,000 at the end of the most recent quarter.

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.