SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Shares Up 0.2% – Still a Buy?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL)’s share price rose 0.2% during mid-day trading on Tuesday. The stock traded as high as $23.60 and last traded at $23.5850. Approximately 668 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 2,539 shares. The stock had previously closed at $23.53.

SPDR SSGA My2032 Corporate Bond ETF Trading Up 0.2%

The firm’s fifty day simple moving average is $24.09 and its two-hundred day simple moving average is $24.45.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Lido Advisors LLC boosted its holdings in SPDR SSGA My2032 Corporate Bond ETF by 30.4% in the 1st quarter. Lido Advisors LLC now owns 130,558 shares of the company’s stock worth $3,235,000 after buying an additional 30,414 shares during the period. Private Advisor Group LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF during the first quarter valued at about $268,000. Finally, Global Financial Private Client LLC lifted its position in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the first quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock valued at $685,000 after acquiring an additional 10,902 shares in the last quarter.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.