Hobbs Group Advisors LLC Has $1.15 Million Stock Holdings in SPDR SSGA My2027 Corporate Bond ETF $MYCG

Hobbs Group Advisors LLC raised its stake in SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) by 100.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,904 shares of the company’s stock after buying an additional 22,950 shares during the quarter. Hobbs Group Advisors LLC’s holdings in SPDR SSGA My2027 Corporate Bond ETF were worth $1,148,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2027 Corporate Bond ETF during the 3rd quarter valued at $215,000. Oldfather Financial Services LLC acquired a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the fourth quarter worth $250,000. Jane Street Group LLC acquired a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the first quarter worth $426,000. Blossom Wealth Management purchased a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF during the fourth quarter worth $468,000. Finally, Fourth Dimension Wealth LLC raised its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 155.6% during the fourth quarter. Fourth Dimension Wealth LLC now owns 28,609 shares of the company’s stock worth $716,000 after acquiring an additional 17,414 shares in the last quarter.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

MYCG opened at $24.98 on Friday. The stock has a fifty day moving average price of $24.95 and a 200 day moving average price of $24.99. SPDR SSGA My2027 Corporate Bond ETF has a 1 year low of $24.90 and a 1 year high of $25.14.

SPDR SSGA My2027 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0893 per share. This is a boost from SPDR SSGA My2027 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

About SPDR SSGA My2027 Corporate Bond ETF

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.