SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Declares $0.09 Monthly Dividend

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.0874 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 1st.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

NASDAQ:MYCF traded down $0.08 during mid-day trading on Tuesday, hitting $24.99. 1,369 shares of the stock traded hands, compared to its average volume of 11,045. The business’s 50-day moving average price is $25.03 and its 200 day moving average price is $25.04. SPDR SSGA My2026 Corporate Bond ETF has a 12-month low of $24.53 and a 12-month high of $26.22.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MYCF. Jane Street Group LLC purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the first quarter worth $390,000. Opulen Financial Group LLC grew its position in SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the fourth quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after buying an additional 6,023 shares in the last quarter. Susquehanna International Group LLP increased its stake in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after acquiring an additional 3,959 shares during the last quarter. Hobbs Group Advisors LLC increased its stake in SPDR SSGA My2026 Corporate Bond ETF by 230.5% in the 1st quarter. Hobbs Group Advisors LLC now owns 75,924 shares of the company’s stock worth $1,902,000 after acquiring an additional 52,952 shares during the last quarter. Finally, Lido Advisors LLC bought a new position in SPDR SSGA My2026 Corporate Bond ETF in the 4th quarter worth about $2,466,000.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.