SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Raises Dividend to $0.10 Per Share

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) declared a monthly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.1009 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 5.8% increase from SPDR SSGA My2032 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2032 Corporate Bond ETF Price Performance

Shares of NASDAQ MYCL traded down $0.05 during mid-day trading on Thursday, hitting $24.97. The stock had a trading volume of 760 shares, compared to its average volume of 2,407. The company has a 50 day moving average of $25.08 and a two-hundred day moving average of $24.85. SPDR SSGA My2032 Corporate Bond ETF has a twelve month low of $23.62 and a twelve month high of $25.29.

Institutional Trading of SPDR SSGA My2032 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Exchange Capital Management Inc. boosted its holdings in SPDR SSGA My2032 Corporate Bond ETF by 63.1% in the second quarter. Exchange Capital Management Inc. now owns 59,411 shares of the company’s stock valued at $1,466,000 after purchasing an additional 22,991 shares during the last quarter. PFG Private Wealth Management LLC acquired a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the 3rd quarter valued at about $203,000. Finally, Global Financial Private Client LLC lifted its holdings in shares of SPDR SSGA My2032 Corporate Bond ETF by 38.5% in the 2nd quarter. Global Financial Private Client LLC now owns 18,190 shares of the company’s stock valued at $449,000 after buying an additional 5,060 shares during the period.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.