Lido Advisors LLC Raises Holdings in SPDR SSGA My2033 Corporate Bond ETF $MYCM

Lido Advisors LLC grew its holdings in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) by 27.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,123 shares of the company’s stock after purchasing an additional 28,781 shares during the period. Lido Advisors LLC owned about 44.04% of SPDR SSGA My2033 Corporate Bond ETF worth $3,268,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Jane Street Group LLC boosted its position in shares of SPDR SSGA My2033 Corporate Bond ETF by 191.3% during the first quarter. Jane Street Group LLC now owns 45,657 shares of the company’s stock valued at $1,113,000 after buying an additional 29,986 shares during the last quarter. Private Advisor Group LLC increased its holdings in SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after buying an additional 7,965 shares in the last quarter. Global Assets Advisory LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF in the 1st quarter worth about $476,000. Finally, Global Financial Private Client LLC raised its position in SPDR SSGA My2033 Corporate Bond ETF by 25.7% in the 1st quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock worth $521,000 after buying an additional 4,311 shares during the last quarter.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

MYCM opened at $24.26 on Friday. The company’s 50-day simple moving average is $24.54 and its two-hundred day simple moving average is $24.77. SPDR SSGA My2033 Corporate Bond ETF has a 52-week low of $24.25 and a 52-week high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.0982 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 4.9%.

SPDR SSGA My2033 Corporate Bond ETF Profile

The SPDR SSgA My2033 Corporate Bond ETF (MYCM) 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 2033. Bonds are USD-denominated. MYCM was launched on Sep 23, 2024 and is issued by State Street.