SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) to Issue Monthly Dividend of $0.10

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) announced a monthly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.0969 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Thursday, December 18th. This is a 4.7% increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCF opened at $25.08 on Thursday. The firm’s 50 day moving average price is $25.08 and its 200-day moving average price is $25.07. SPDR SSGA My2026 Corporate Bond ETF has a twelve month low of $24.09 and a twelve month high of $27.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the 1st quarter worth $390,000. Marathon Capital Management grew its holdings in SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after purchasing an additional 11,133 shares during the period. Fourth Dimension Wealth LLC purchased a new stake in SPDR SSGA My2026 Corporate Bond ETF in the third quarter worth about $699,000. Susquehanna International Group LLP increased its position in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after buying an additional 3,959 shares in the last quarter. Finally, Exchange Capital Management Inc. raised its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 349.6% in the second quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock worth $2,559,000 after buying an additional 79,295 shares during the period.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.