SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Stock Price Down 0.2% – Time to Sell?

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) shares fell 0.2% during trading on Thursday . The company traded as low as $24.97 and last traded at $24.97. 85,195 shares were traded during mid-day trading, an increase of 275% from the average session volume of 22,699 shares. The stock had previously closed at $25.01.

SPDR SSGA My2030 Corporate Bond ETF Trading Up 0.0%

The business has a 50-day moving average of $25.00 and a two-hundred day moving average of $24.97.

SPDR SSGA My2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a $0.102 dividend. This is an increase from SPDR SSGA My2030 Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Investors Weigh In On SPDR SSGA My2030 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Heartwood Wealth Advisors LLC increased its position in SPDR SSGA My2030 Corporate Bond ETF by 0.6% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 335,356 shares of the company’s stock valued at $8,348,000 after acquiring an additional 1,869 shares during the period. Masso Torrence Wealth Management Inc. grew its stake in shares of SPDR SSGA My2030 Corporate Bond ETF by 13.6% in the second quarter. Masso Torrence Wealth Management Inc. now owns 31,488 shares of the company’s stock worth $784,000 after purchasing an additional 3,768 shares during the last quarter. PFG Private Wealth Management LLC acquired a new stake in SPDR SSGA My2030 Corporate Bond ETF in the third quarter valued at $202,000. Global Financial Private Client LLC raised its position in SPDR SSGA My2030 Corporate Bond ETF by 61.1% during the 2nd quarter. Global Financial Private Client LLC now owns 35,960 shares of the company’s stock worth $895,000 after purchasing an additional 13,636 shares during the last quarter. Finally, L2 Asset Management LLC acquired a new position in SPDR SSGA My2030 Corporate Bond ETF during the 3rd quarter worth about $1,501,000.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.