SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) to Issue Monthly Dividend of $0.06

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) announced a monthly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.0597 per share on Tuesday, December 23rd. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, December 18th.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

NASDAQ:MYMG traded up $0.03 on Thursday, hitting $24.73. 4,219 shares of the stock were exchanged, compared to its average volume of 1,316. The stock has a fifty day moving average of $24.70 and a 200-day moving average of $24.66. SPDR SSGA My2027 Municipal Bond ETF has a fifty-two week low of $24.26 and a fifty-two week high of $24.97.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA My2027 Municipal Bond ETF stock. Exchange Capital Management Inc. grew its holdings in shares of SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) by 16.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,988 shares of the company’s stock after buying an additional 5,038 shares during the quarter. Exchange Capital Management Inc. owned 17.49% of SPDR SSGA My2027 Municipal Bond ETF worth $861,000 at the end of the most recent quarter.

About SPDR SSGA My2027 Municipal Bond ETF

The SPDR SSgA My2027 Municipal Bond ETF (MYMG) 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 2027. Bonds are USD-denominated. MYMG was launched on Sep 23, 2024 and is issued by State Street.