Hobbs Group Advisors LLC Buys 22,950 Shares of SPDR SSGA My2027 Corporate Bond ETF $MYCG

Hobbs Group Advisors LLC lifted its stake in SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) by 100.0% in the first 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 purchasing an additional 22,950 shares during the quarter. Hobbs Group Advisors LLC owned about 3.83% of SPDR SSGA My2027 Corporate Bond ETF worth $1,148,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MYCG. Lido Advisors LLC acquired a new stake in SPDR SSGA My2027 Corporate Bond ETF during the 4th quarter valued at $2,761,000. Private Advisor Group LLC lifted its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 23.8% in the first quarter. Private Advisor Group LLC now owns 14,205 shares of the company’s stock valued at $355,000 after purchasing an additional 2,730 shares in the last quarter. L2 Asset Management LLC boosted its position in shares of SPDR SSGA My2027 Corporate Bond ETF by 6.4% in the fourth quarter. L2 Asset Management LLC now owns 63,603 shares of the company’s stock worth $1,593,000 after buying an additional 3,810 shares during the period. LPL Financial LLC boosted its position in shares of SPDR SSGA My2027 Corporate Bond ETF by 11.7% in the fourth quarter. LPL Financial LLC now owns 230,565 shares of the company’s stock worth $5,774,000 after buying an additional 24,240 shares during the period. Finally, Fourth Dimension Wealth LLC grew 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 valued at $716,000 after buying an additional 17,414 shares in the last quarter.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

NASDAQ:MYCG opened at $24.98 on Friday. SPDR SSGA My2027 Corporate Bond ETF has a 1-year low of $24.90 and a 1-year high of $25.14. The business’s fifty day moving average price is $24.95 and its 200 day moving average price is $24.99.

SPDR SSGA My2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders 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) annualized dividend and a yield of 4.3%.

SPDR SSGA My2027 Corporate Bond ETF Profile

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.