Exchange Capital Management Inc. Buys New Shares in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH)

Exchange Capital Management Inc. purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 33,098 shares of the company’s stock, valued at approximately $811,000. Exchange Capital Management Inc. owned about 4.73% of SPDR SSGA My2028 Corporate Bond ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC bought a new position in shares of SPDR SSGA My2028 Corporate Bond ETF in the 3rd quarter valued at about $4,992,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

MYCH opened at $24.78 on Wednesday. The stock’s 50-day moving average is $24.56. SPDR SSGA My2028 Corporate Bond ETF has a 52-week low of $24.39 and a 52-week high of $25.06.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.0887 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.