SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Plans Dividend Increase – $0.10 Per Share

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.0955 per share on Tuesday, October 6th. This represents a $1.15 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 2.7% increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0930.

SPDR SSGA My2031 Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ:MYCK traded down $0.02 during trading on Thursday, hitting $23.84. 3,510 shares of the company were exchanged, compared to its average volume of 6,563. SPDR SSGA My2031 Corporate Bond ETF has a 12-month low of $23.73 and a 12-month high of $25.39. The firm’s 50 day moving average price is $24.37 and its 200-day moving average price is $24.65.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Several large investors have recently bought and sold shares of MYCK. Citadel Advisors LLC increased its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 237.8% during the second quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock worth $825,000 after purchasing an additional 23,419 shares in the last quarter. Lido Advisors LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 466.2% during the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock worth $13,613,000 after buying an additional 450,069 shares during the period. Private Advisor Group LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the first quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock worth $338,000 after buying an additional 4,940 shares during the period. Global Financial Private Client LLC lifted its stake in SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the first quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after buying an additional 12,480 shares during the last quarter. Finally, L2 Asset Management LLC lifted its stake in SPDR SSGA My2031 Corporate Bond ETF by 18.8% in the fourth quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock valued at $574,000 after buying an additional 3,615 shares during the last quarter.

About SPDR SSGA My2031 Corporate Bond ETF

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.