SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Stock Crosses Above Fifty Day Moving Average – What’s Next?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL)’s share price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $23.86 and traded as high as $23.91. SPDR SSGA My2032 Corporate Bond ETF shares last traded at $23.90, with a volume of 1,699 shares.

SPDR SSGA My2032 Corporate Bond ETF Stock Up 0.2%

The company has a fifty day moving average of $23.86 and a 200 day moving average of $24.53.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA My2032 Corporate Bond ETF stock. Lido Advisors LLC grew its position in SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) by 30.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 130,558 shares of the company’s stock after purchasing an additional 30,414 shares during the quarter. Lido Advisors LLC owned approximately 32.64% of SPDR SSGA My2032 Corporate Bond ETF worth $3,235,000 as of its most recent filing with the SEC.

About SPDR SSGA My2032 Corporate Bond ETF

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.