SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Shares Down 0.2% – Here’s What Happened

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK)’s stock price traded down 0.2% on Friday . The company traded as low as $25.04 and last traded at $25.05. 499 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 2,297 shares. The stock had previously closed at $25.10.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

The firm has a 50 day simple moving average of $25.18 and a 200-day simple moving average of $24.87.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a dividend of $0.0951 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a positive change from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Several large investors have recently made changes to their positions in MYCK. Exchange Capital Management Inc. increased its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 86.6% in 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 in the last quarter. Jane Street Group LLC grew its holdings 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 worth $892,000 after acquiring an additional 25,607 shares during the last quarter. Global Financial Private Client LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 49.9% in the 2nd quarter. Global Financial Private Client LLC now owns 26,562 shares of the company’s stock valued at $662,000 after acquiring an additional 8,848 shares in the last quarter. Finally, PFG Private Wealth Management LLC bought a new position in shares of SPDR SSGA My2031 Corporate Bond ETF in the third quarter worth about $203,000.

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.