SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Trading Down 0.1% – What’s Next?

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) dropped 0.1% on Thursday . The stock traded as low as $24.96 and last traded at $24.9790. Approximately 36 shares were traded during trading, a decline of 93% from the average daily volume of 507 shares. The stock had previously closed at $25.01.

SPDR SSGA My2033 Corporate Bond ETF Stock Up 0.2%

The business has a 50 day simple moving average of $24.99 and a 200-day simple moving average of $24.90.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were issued a $0.101 dividend. The ex-dividend date was Thursday, December 18th. This is a positive change from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in MYCM. Global Financial Private Client LLC lifted its holdings in SPDR SSGA My2033 Corporate Bond ETF by 38.4% in the 2nd quarter. Global Financial Private Client LLC now owns 18,198 shares of the company’s stock worth $450,000 after buying an additional 5,045 shares in the last quarter. Exchange Capital Management Inc. increased its position in shares of SPDR SSGA My2033 Corporate Bond ETF by 57.4% during the second quarter. Exchange Capital Management Inc. now owns 66,095 shares of the company’s stock worth $1,634,000 after acquiring an additional 24,101 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of SPDR SSGA My2033 Corporate Bond ETF by 191.3% in 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 in the last quarter. Finally, PFG Private Wealth Management LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF in the third quarter valued at about $203,000.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

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.