SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Shares Up 0.1% – What’s Next?

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was up 0.1% on Friday . The company traded as high as $25.06 and last traded at $25.06. Approximately 2,067 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 9,259 shares. The stock had previously closed at $25.04.

SPDR SSGA My2026 Corporate Bond ETF Trading Up 0.1%

The business has a 50-day moving average of $25.09 and a 200-day moving average of $25.06.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.0936 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, November 3rd.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MYCF. Jane Street Group LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the 1st quarter valued at about $390,000. Gradient Investments LLC lifted its stake in SPDR SSGA My2026 Corporate Bond ETF by 3.6% during the second quarter. Gradient Investments LLC now owns 145,946 shares of the company’s stock worth $3,662,000 after purchasing an additional 5,110 shares during the period. McCarthy & Cox acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF during the second quarter valued at approximately $5,328,000. Exchange Capital Management Inc. boosted its holdings in SPDR SSGA My2026 Corporate Bond ETF by 349.6% during the second quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock valued at $2,559,000 after purchasing an additional 79,295 shares in the last quarter. Finally, Marathon Capital Management grew its position in SPDR SSGA My2026 Corporate Bond ETF by 106.0% in the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after acquiring an additional 11,133 shares during the period.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

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.