L2 Asset Management LLC Invests $1.50 Million in SPDR SSGA My2029 Corporate Bond ETF $MYCI

L2 Asset Management LLC acquired a new stake in SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 59,877 shares of the company’s stock, valued at approximately $1,502,000. L2 Asset Management LLC owned approximately 5.70% of SPDR SSGA My2029 Corporate Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Heartwood Wealth Advisors LLC increased its holdings in SPDR SSGA My2029 Corporate Bond ETF by 2.0% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 338,657 shares of the company’s stock worth $8,495,000 after purchasing an additional 6,484 shares during the period. Equitable Holdings Inc. boosted its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 14.5% in the 3rd quarter. Equitable Holdings Inc. now owns 102,045 shares of the company’s stock valued at $2,560,000 after buying an additional 12,954 shares during the period. Jane Street Group LLC boosted its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 58.1% in the 2nd quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock valued at $937,000 after buying an additional 13,791 shares during the period. Private Advisor Group LLC acquired a new position in shares of SPDR SSGA My2029 Corporate Bond ETF during the third quarter worth about $306,000. Finally, PFG Private Wealth Management LLC acquired a new position in shares of SPDR SSGA My2029 Corporate Bond ETF during the third quarter worth about $202,000.

SPDR SSGA My2029 Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ:MYCI opened at $24.86 on Tuesday. The firm’s 50 day moving average price is $25.06 and its 200 day moving average price is $25.05. SPDR SSGA My2029 Corporate Bond ETF has a fifty-two week low of $24.25 and a fifty-two week high of $25.22.

SPDR SSGA My2029 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.0922 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

SPDR SSGA My2029 Corporate Bond ETF Profile

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.