Exchange Capital Management Inc. Purchases Shares of 32,628 SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI)

Exchange Capital Management Inc. purchased a new position in shares of SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 32,628 shares of the company’s stock, valued at approximately $795,000. Exchange Capital Management Inc. owned 5.44% of SPDR SSGA My2029 Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Global Financial Private Client LLC acquired a new position in SPDR SSGA My2029 Corporate Bond ETF during the 4th quarter worth about $548,000.

SPDR SSGA My2029 Corporate Bond ETF Stock Up 0.3 %

Shares of MYCI stock opened at $24.66 on Wednesday. SPDR SSGA My2029 Corporate Bond ETF has a 1-year low of $24.16 and a 1-year high of $25.06. The company has a 50-day moving average of $24.40.

SPDR SSGA My2029 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.0903 per share. The ex-dividend date of this dividend was Monday, February 3rd.

About SPDR SSGA My2029 Corporate Bond ETF

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.