SPDR SSGA My2028 Corporate Bond ETF (MYCH) To Go Ex-Dividend on April 1st

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.083 per share on Monday, April 6th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Wednesday, April 1st.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

MYCH stock opened at $24.87 on Thursday. The business has a fifty day simple moving average of $25.05 and a 200-day simple moving average of $25.08. SPDR SSGA My2028 Corporate Bond ETF has a 52 week low of $24.49 and a 52 week high of $25.27.

Institutional Investors Weigh In On SPDR SSGA My2028 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC raised its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 1.2% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 339,713 shares of the company’s stock worth $8,522,000 after purchasing an additional 3,995 shares during the period. Lido Advisors LLC acquired a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 4th quarter worth approximately $5,515,000. Equitable Holdings Inc. increased its position in 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 in the last quarter. LPL Financial LLC raised its holdings in SPDR SSGA My2028 Corporate Bond ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 71,975 shares of the company’s stock valued at $1,805,000 after buying an additional 8,125 shares during the period. Finally, L2 Asset Management LLC raised its holdings in SPDR SSGA My2028 Corporate Bond ETF by 6.3% in the fourth quarter. L2 Asset Management LLC now owns 63,495 shares of the company’s stock valued at $1,593,000 after buying an additional 3,783 shares during the period.

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.