SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Trading 0.1% Higher – Here’s Why

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

SPDR SSGA My2026 Corporate Bond ETF Trading Up 0.1%

The firm has a fifty 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 announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.0936 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the first quarter worth approximately $390,000. Marathon Capital Management lifted its stake in SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after buying an additional 11,133 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter worth approximately $699,000. Exchange Capital Management Inc. grew its holdings in shares of 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 buying an additional 79,295 shares in the last quarter. Finally, Gradient Investments LLC grew its stake in SPDR SSGA My2026 Corporate Bond ETF by 3.6% during the 2nd quarter. Gradient Investments LLC now owns 145,946 shares of the company’s stock valued at $3,662,000 after acquiring an additional 5,110 shares in the last quarter.

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.