SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) to Issue Dividend Increase – $0.10 Per Share

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be given a dividend of 0.1036 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 3.1% increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2034 Corporate Bond ETF Trading Down 0.0%

MYCN traded down $0.00 on Tuesday, hitting $24.03. 76 shares of the stock traded hands, compared to its average volume of 1,504. The business has a fifty day moving average price of $24.20 and a two-hundred day moving average price of $24.46. SPDR SSGA My2034 Corporate Bond ETF has a 52 week low of $23.83 and a 52 week high of $25.20.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MYCN. Global Assets Advisory LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF during the 1st quarter worth about $52,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at about $324,000. Finally, Lido Advisors LLC acquired a new position in SPDR SSGA My2034 Corporate Bond ETF in the fourth quarter worth about $4,369,000.

About SPDR SSGA My2034 Corporate Bond ETF

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.