SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Trading Down 0.4% – Time to Sell?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) traded down 0.4% during mid-day trading on Thursday . The company traded as low as $24.30 and last traded at $24.31. 115,898 shares traded hands during trading, an increase of 3,813% from the average session volume of 2,962 shares. The stock had previously closed at $24.40.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

The firm’s fifty day moving average is $24.58 and its 200 day moving average is $24.81.

SPDR SSGA My2032 Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.0947 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.7%.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Lido Advisors LLC bought a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the fourth quarter worth approximately $2,502,000. Moneco Advisors LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter valued at $1,514,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 1st quarter valued at $268,000. Finally, Global Financial Private Client LLC boosted its stake in SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock valued at $685,000 after purchasing an additional 10,902 shares during the period.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.