SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Stake Cut by Susquehanna International Group LLP

Susquehanna International Group LLP lessened its holdings in SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) by 43.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,922 shares of the company’s stock after selling 86,078 shares during the quarter. Susquehanna International Group LLP owned approximately 28.48% of SPDR SSGA My2027 Corporate Bond ETF worth $2,813,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MYCG. Woodmont Investment Counsel LLC acquired a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF during the 4th quarter worth approximately $1,355,000. Virtu Financial LLC acquired a new stake in SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter worth $1,183,000. Exchange Capital Management Inc. bought a new stake in SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter valued at $587,000. Sanctuary Advisors LLC acquired a new position in shares of SPDR SSGA My2027 Corporate Bond ETF during the fourth quarter valued at $252,000. Finally, Gradient Investments LLC bought a new position in SPDR SSGA My2027 Corporate Bond ETF in the 4th quarter worth about $1,117,000.

SPDR SSGA My2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCG opened at $24.86 on Thursday. SPDR SSGA My2027 Corporate Bond ETF has a fifty-two week low of $24.62 and a fifty-two week high of $27.31. The firm’s 50-day simple moving average is $24.85 and its 200 day simple moving average is $24.79.

SPDR SSGA My2027 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a dividend of $0.0897 per share. This is a positive change from SPDR SSGA My2027 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a $1.08 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend was Thursday, May 1st.

SPDR SSGA My2027 Corporate Bond ETF Profile

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.