Several bond ETFs announced dividends but saw their prices fall on December 19th.
Several SPDR SSGA Corporate and Municipal Bond ETFs announced dividends on December 18th, payable on December 24th to investors of record on December 19th. Despite the announcements, stock prices for these ETFs, including MYCN, MYCJ, MYMJ, MYCK, MYCG, MYCF, MYMG, MYCH, and MYCM, generally fell on December 19th. Prices ranged from $23.83 to $24.86, with most ETFs trading below their 50-day moving averages.
3 months ago
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