SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Increases Dividend to $0.10 Per Share

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) announced a monthly dividend on Wednesday, December 17th. Investors of record on Thursday, December 18th will be paid a dividend of 0.0978 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 3.7% increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

SPDR SSGA My2031 Corporate Bond ETF stock opened at $25.09 on Thursday. The firm has a 50-day moving average of $25.16 and a two-hundred day moving average of $24.99. SPDR SSGA My2031 Corporate Bond ETF has a 1 year low of $23.81 and a 1 year high of $25.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its position in SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock valued at $892,000 after purchasing an additional 25,607 shares in the last quarter. Global Financial Private Client LLC grew its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 49.9% during the 2nd quarter. Global Financial Private Client LLC now owns 26,562 shares of the company’s stock worth $662,000 after buying an additional 8,848 shares in the last quarter. Exchange Capital Management Inc. increased its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 86.6% during the second quarter. Exchange Capital Management Inc. now owns 54,542 shares of the company’s stock valued at $1,359,000 after buying an additional 25,307 shares during the period. PFG Private Wealth Management LLC purchased a new position in shares of SPDR SSGA My2031 Corporate Bond ETF during the third quarter valued at $203,000. Finally, L2 Asset Management LLC bought a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF in the third quarter valued at about $485,000.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.