Gradient Investments LLC Takes $729,000 Position in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Gradient Investments LLC acquired a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) during the fourth quarter, HoldingsChannel reports. The fund acquired 29,046 shares of the company’s stock, valued at approximately $729,000.

Other institutional investors also recently bought and sold shares of the company. Beacon Financial Group purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF during the third quarter worth $221,000. Private Advisor Group LLC increased its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 15.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock valued at $420,000 after acquiring an additional 2,270 shares during the period. L2 Asset Management LLC bought a new position in shares of SPDR SSGA My2028 Corporate Bond ETF in the 3rd quarter worth $1,501,000. Equitable Holdings Inc. lifted its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 16.5% during the 3rd quarter. Equitable Holdings Inc. now owns 113,368 shares of the company’s stock worth $2,850,000 after purchasing an additional 16,057 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC lifted its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 2.0% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 335,718 shares of the company’s stock worth $8,438,000 after purchasing an additional 6,529 shares during the last quarter.

SPDR SSGA My2028 Corporate Bond ETF Trading Down 0.2%

MYCH opened at $24.87 on Wednesday. The business’s 50-day moving average is $25.07 and its two-hundred day moving average is $25.09. SPDR SSGA My2028 Corporate Bond ETF has a 1 year low of $24.49 and a 1 year high of $25.27.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0851 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About SPDR SSGA My2028 Corporate Bond ETF

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) 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 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.