SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) to Issue Dividend Increase – $0.11 Per Share

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) declared a monthly dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.105 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 3.5% increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2034 Corporate Bond ETF Trading Down 0.2%

Shares of MYCN opened at $24.81 on Thursday. The company has a 50-day simple moving average of $24.93 and a 200-day simple moving average of $24.68. SPDR SSGA My2034 Corporate Bond ETF has a 52-week low of $23.35 and a 52-week high of $25.20.

Institutional Investors Weigh In On SPDR SSGA My2034 Corporate Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2034 Corporate Bond ETF stock. Exchange Capital Management Inc. lifted its position in shares of SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNFree Report) by 47.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 138,616 shares of the company’s stock after buying an additional 44,334 shares during the quarter. Exchange Capital Management Inc. owned approximately 46.21% of SPDR SSGA My2034 Corporate Bond ETF worth $3,406,000 at the end of the most recent quarter.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(Get Free Report)

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.

See Also

Dividend History for SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN)

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