SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Stock Price Up 0.1% – Time to Buy?

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) was up 0.1% during trading on Friday . The stock traded as high as $25.13 and last traded at $25.1250. Approximately 1,812 shares changed hands during trading, a decline of 73% from the average daily volume of 6,631 shares. The stock had previously closed at $25.09.

SPDR SSGA My2029 Corporate Bond ETF Stock Up 0.1%

The business’s 50 day moving average price is $25.04 and its two-hundred day moving average price is $25.03.

SPDR SSGA My2029 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued a dividend of $0.0937 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) annualized dividend and a yield of 4.5%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Heartwood Wealth Advisors LLC grew its stake in SPDR SSGA My2029 Corporate Bond ETF by 2.1% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 345,676 shares of the company’s stock valued at $8,658,000 after buying an additional 7,019 shares in the last quarter. Equitable Holdings Inc. increased its position in shares of SPDR SSGA My2029 Corporate Bond ETF by 14.5% during the third 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. L2 Asset Management LLC purchased a new stake in shares of SPDR SSGA My2029 Corporate Bond ETF in the third quarter worth about $1,502,000. Jane Street Group LLC grew its position in shares of SPDR SSGA My2029 Corporate Bond ETF by 58.1% during the 2nd quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock valued at $937,000 after purchasing an additional 13,791 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in SPDR SSGA My2029 Corporate Bond ETF in the 4th quarter worth about $784,000.

SPDR SSGA My2029 Corporate Bond ETF Company 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.