SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) Trading Up 0% – Here’s What Happened

SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) shares traded up 0% during mid-day trading on Thursday . The company traded as high as $24.71 and last traded at $24.7050. 1,327 shares traded hands during trading, an increase of 84% from the average session volume of 720 shares. The stock had previously closed at $24.70.

SPDR SSGA My2029 Municipal Bond ETF Stock Up 0.1%

The business’s 50 day moving average is $24.63 and its two-hundred day moving average is $24.55.

SPDR SSGA My2029 Municipal Bond ETF Cuts Dividend

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

Institutional Trading of SPDR SSGA My2029 Municipal Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2029 Municipal Bond ETF stock. Exchange Capital Management Inc. boosted its position in SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) by 102.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,170 shares of the company’s stock after purchasing an additional 12,240 shares during the quarter. Exchange Capital Management Inc. owned approximately 6.91% of SPDR SSGA My2029 Municipal Bond ETF worth $590,000 at the end of the most recent quarter.

SPDR SSGA My2029 Municipal Bond ETF Company Profile

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.