L2 Asset Management LLC Buys New Position in SPDR SSGA My2028 Corporate Bond ETF $MYCH

L2 Asset Management LLC purchased a new position in shares of SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 59,712 shares of the company’s stock, valued at approximately $1,501,000. L2 Asset Management LLC owned about 5.19% of SPDR SSGA My2028 Corporate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of MYCH. Heartwood Wealth Advisors LLC grew its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 2.0% during the third quarter. Heartwood Wealth Advisors LLC now owns 335,718 shares of the company’s stock worth $8,438,000 after buying an additional 6,529 shares in the last quarter. Beacon Financial Group purchased a new position in shares of SPDR SSGA My2028 Corporate Bond ETF during the third quarter valued at approximately $221,000. Private Advisor Group LLC boosted its position in SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the third quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after acquiring an additional 2,270 shares during the last quarter. Finally, Equitable Holdings Inc. boosted its position in SPDR SSGA My2028 Corporate Bond ETF by 16.5% during the third quarter. Equitable Holdings Inc. now owns 113,368 shares of the company’s stock worth $2,850,000 after acquiring an additional 16,057 shares during the last quarter.

SPDR SSGA My2028 Corporate Bond ETF Stock Up 0.1%

MYCH stock opened at $24.92 on Tuesday. The company has a 50 day moving average price of $25.09 and a two-hundred day moving average price of $25.09. SPDR SSGA My2028 Corporate Bond ETF has a one year low of $24.49 and a one year high of $25.27.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.0851 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

SPDR SSGA My2028 Corporate Bond ETF Company Profile

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.