SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) Shares Down 0% – Time to Sell?

SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI)’s stock price was down 0% during trading on Friday . The stock traded as low as $24.85 and last traded at $24.8260. Approximately 1,401 shares were traded during trading, a decline of 70% from the average daily volume of 4,725 shares. The stock had previously closed at $24.83.

SPDR SSGA My2029 Municipal Bond ETF Stock Performance

The company has a 50 day simple moving average of $24.68 and a two-hundred day simple moving average of $24.60.

SPDR SSGA My2029 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a $0.0577 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Trading of SPDR SSGA My2029 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2029 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC raised its position in SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 237,069 shares of the company’s stock after purchasing an additional 2,477 shares during the quarter. Heartwood Wealth Advisors LLC owned 47.41% of SPDR SSGA My2029 Municipal Bond ETF worth $5,837,000 as of its most recent SEC filing.

About SPDR SSGA My2029 Municipal Bond ETF

The SPDR SSgA My2029 Municipal Bond ETF (MYMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade municipal bonds with effective maturities in 2029. Bonds are USD-denominated. MYMI was launched on Sep 23, 2024 and is issued by State Street.