SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Trading 0.1% Higher – Here’s What Happened

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ)’s stock price shot up 0.1% on Thursday . The stock traded as high as $24.94 and last traded at $24.93. 2,210 shares changed hands during trading, a decline of 38% from the average session volume of 3,560 shares. The stock had previously closed at $24.90.

SPDR SSGA My2030 Municipal Bond ETF Stock Up 0.1%

The company has a 50 day moving average of $24.84 and a 200-day moving average of $24.69.

SPDR SSGA My2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a $0.0617 dividend. The ex-dividend date was Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 3.0%.

Institutional Trading of SPDR SSGA My2030 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2030 Municipal Bond ETF stock. Exchange Capital Management Inc. grew its holdings in shares of SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 39.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,663 shares of the company’s stock after purchasing an additional 9,023 shares during the period. Exchange Capital Management Inc. owned about 9.05% of SPDR SSGA My2030 Municipal Bond ETF worth $775,000 at the end of the most recent quarter.

SPDR SSGA My2030 Municipal Bond ETF Company Profile

The SPDR SSgA My2030 Municipal Bond ETF (MYMJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade municipal bonds with effective maturities in 2030. Bonds are USD-denominated. MYMJ was launched on Sep 23, 2024 and is issued by State Street.