SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Trading 0.1% Higher – Here’s Why

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) shares shot up 0.1% during mid-day trading on Friday . The company traded as high as $25.06 and last traded at $25.06. 855 shares traded hands during trading, a decline of 94% from the average session volume of 14,063 shares. The stock had previously closed at $25.03.

SPDR SSGA My2030 Corporate Bond ETF Price Performance

The business has a 50 day moving average price of $25.01 and a 200 day moving average price of $25.00.

SPDR SSGA My2030 Corporate Bond ETF Increases Dividend

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

Institutional Trading of SPDR SSGA My2030 Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in MYCJ. Heartwood Wealth Advisors LLC increased its holdings in shares of SPDR SSGA My2030 Corporate Bond ETF by 1.9% in the third quarter. Heartwood Wealth Advisors LLC now owns 341,762 shares of the company’s stock worth $8,566,000 after acquiring an additional 6,406 shares in the last quarter. PFG Private Wealth Management LLC acquired a new position in shares of SPDR SSGA My2030 Corporate Bond ETF in the 3rd quarter valued at approximately $202,000. Farther Finance Advisors LLC bought a new stake in SPDR SSGA My2030 Corporate Bond ETF during the 4th quarter worth approximately $788,000. Finally, L2 Asset Management LLC bought a new stake in SPDR SSGA My2030 Corporate Bond ETF during the 3rd quarter worth approximately $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.