SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Stock Price Down 0.4% – What’s Next?

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was down 0.4% during trading on Thursday . The company traded as low as $24.30 and last traded at $24.31. Approximately 115,898 shares changed hands during mid-day trading, an increase of 3,813% from the average session volume of 2,962 shares. The stock had previously closed at $24.40.

SPDR SSGA My2032 Corporate Bond ETF Stock Up 0.1%

The company has a 50 day simple moving average of $24.58 and a two-hundred day simple moving average of $24.81.

SPDR SSGA My2032 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0947 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Private Advisor Group LLC acquired a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 1st quarter worth approximately $268,000. Global Financial Private Client LLC increased its stake in SPDR SSGA My2032 Corporate Bond ETF by 65.2% during the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock valued at $685,000 after purchasing an additional 10,902 shares in the last quarter. Lido Advisors LLC increased its stake in SPDR SSGA My2032 Corporate Bond ETF by 30.4% during the 1st quarter. Lido Advisors LLC now owns 130,558 shares of the company’s stock valued at $3,235,000 after purchasing an additional 30,414 shares in the last quarter. Finally, Moneco Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the fourth quarter worth $1,514,000.

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.