SPDR SSGA My2027 Corporate Bond ETF $MYCG Shares Bought by Gradient Investments LLC

Gradient Investments LLC raised its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) by 263.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,534 shares of the company’s stock after buying an additional 87,364 shares during the period. Gradient Investments LLC owned about 10.96% of SPDR SSGA My2027 Corporate Bond ETF worth $3,018,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Private Advisor Group LLC purchased a new position in SPDR SSGA My2027 Corporate Bond ETF during the 3rd quarter worth approximately $215,000. Beacon Financial Group boosted its position in shares of SPDR SSGA My2027 Corporate Bond ETF by 10.0% in the third quarter. Beacon Financial Group now owns 8,798 shares of the company’s stock worth $221,000 after buying an additional 798 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF in the third quarter worth $281,000. Jane Street Group LLC purchased a new position in shares of SPDR SSGA My2027 Corporate Bond ETF during the first quarter valued at $426,000. Finally, Marathon Capital Management grew its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 107.3% during the second quarter. Marathon Capital Management now owns 25,471 shares of the company’s stock valued at $637,000 after buying an additional 13,186 shares in the last quarter.

SPDR SSGA My2027 Corporate Bond ETF Trading Up 0.1%

SPDR SSGA My2027 Corporate Bond ETF stock opened at $24.97 on Tuesday. The firm’s 50 day moving average price is $25.05 and its two-hundred day moving average price is $25.05. SPDR SSGA My2027 Corporate Bond ETF has a twelve month low of $24.65 and a twelve month high of $27.31.

SPDR SSGA My2027 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0882 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.