SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Shares Up 0% – Time to Buy?

Shares of SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) rose 0% during mid-day trading on Monday . The company traded as high as $25.19 and last traded at $25.17. Approximately 2,273 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 6,919 shares. The stock had previously closed at $25.16.

SPDR SSGA My2029 Corporate Bond ETF Stock Performance

The firm’s fifty day moving average price is $25.05 and its 200 day moving average price is $25.05.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.0943 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is an increase from SPDR SSGA My2029 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On SPDR SSGA My2029 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in MYCI. Heartwood Wealth Advisors LLC grew its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 2.1% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 345,676 shares of the company’s stock valued at $8,658,000 after buying an additional 7,019 shares in the last quarter. Lido Advisors LLC acquired a new stake in SPDR SSGA My2029 Corporate Bond ETF in the fourth quarter valued at approximately $5,689,000. Equitable Holdings Inc. grew its position in SPDR SSGA My2029 Corporate Bond ETF by 10.2% in the fourth quarter. Equitable Holdings Inc. now owns 112,431 shares of the company’s stock worth $2,816,000 after acquiring an additional 10,386 shares in the last quarter. L2 Asset Management LLC grew its position in SPDR SSGA My2029 Corporate Bond ETF by 6.3% in the fourth quarter. L2 Asset Management LLC now owns 63,659 shares of the company’s stock worth $1,594,000 after acquiring an additional 3,782 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.4% during the 4th quarter. LPL Financial LLC now owns 45,754 shares of the company’s stock worth $1,146,000 after purchasing an additional 3,540 shares during the last quarter.

About SPDR SSGA My2029 Corporate Bond ETF

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.