Exchange Capital Management Inc. Makes New Investment in SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG)

Exchange Capital Management Inc. bought a new position in SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) in the fourth quarter, Holdings Channel reports. The firm bought 23,759 shares of the company’s stock, valued at approximately $587,000. Exchange Capital Management Inc. owned approximately 0.06% of SPDR SSGA My2027 Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Global Financial Private Client LLC bought a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter worth $207,000. Sanctuary Advisors LLC bought a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter worth $252,000. Finally, Gradient Investments LLC bought a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter worth $1,117,000.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

SPDR SSGA My2027 Corporate Bond ETF stock opened at $24.86 on Wednesday. SPDR SSGA My2027 Corporate Bond ETF has a one year low of $24.61 and a one year high of $25.20. The stock has a fifty day moving average of $24.73.

SPDR SSGA My2027 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.0856 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.