SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Trading Down 0.2% – Here’s Why

Shares of SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) traded down 0.2% during trading on Monday . The company traded as low as $24.19 and last traded at $24.20. Approximately 1,852 shares changed hands during trading, an increase of 8% from the average daily volume of 1,715 shares. The stock had previously closed at $24.25.

SPDR SSGA My2033 Corporate Bond ETF Trading Down 0.0%

The business’s fifty day moving average price is $24.43 and its 200-day moving average price is $24.68.

SPDR SSGA My2033 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.098 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.9%.

Institutional Trading of SPDR SSGA My2033 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in MYCM. Lido Advisors LLC bought a new stake in SPDR SSGA My2033 Corporate Bond ETF in the 4th quarter worth about $2,579,000. Jane Street Group LLC lifted its holdings in SPDR SSGA My2033 Corporate Bond ETF by 191.3% during the first quarter. Jane Street Group LLC now owns 45,657 shares of the company’s stock worth $1,113,000 after acquiring an additional 29,986 shares during the period. Global Assets Advisory LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF in the first quarter worth $476,000. Private Advisor Group LLC grew its stake in SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock valued at $670,000 after purchasing an additional 7,965 shares during the period. Finally, Global Financial Private Client LLC raised its stake in shares of SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the 1st quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock worth $521,000 after purchasing an additional 4,311 shares during the period.

About SPDR SSGA My2033 Corporate Bond ETF

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.