SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Stock Price Down 0.1% – Here’s Why

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM)’s stock price traded down 0.1% during mid-day trading on Tuesday . The company traded as low as $25.23 and last traded at $25.2240. 502 shares were traded during trading, a decline of 50% from the average session volume of 1,008 shares. The stock had previously closed at $25.24.

SPDR SSGA My2033 Corporate Bond ETF Price Performance

The stock’s fifty day simple moving average is $25.02 and its two-hundred day simple moving average is $25.01.

SPDR SSGA My2033 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.0925 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.4%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter valued at $240,000. Lido Advisors LLC acquired a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the 4th quarter worth $2,579,000. Finally, PFG Private Wealth Management LLC acquired a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF during the third quarter worth $203,000.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

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.