Exchange Capital Management Inc. Makes New $742,000 Investment in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG)

Exchange Capital Management Inc. acquired a new stake in shares of SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 29,920 shares of the company’s stock, valued at approximately $742,000. Exchange Capital Management Inc. owned about 14.96% of SPDR SSGA My2027 Municipal Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Separately, Global Financial Private Client LLC acquired a new stake in shares of SPDR SSGA My2027 Municipal Bond ETF during the fourth quarter worth $50,000.

SPDR SSGA My2027 Municipal Bond ETF Price Performance

Shares of NASDAQ MYMG opened at $24.95 on Wednesday. SPDR SSGA My2027 Municipal Bond ETF has a 12 month low of $24.69 and a 12 month high of $25.08. The company’s fifty day moving average is $24.81.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.0621 per share. The ex-dividend date of this dividend was Monday, February 3rd.

SPDR SSGA My2027 Municipal Bond ETF Company Profile

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