Gradient Investments LLC Invests $729,000 in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Gradient Investments LLC purchased a new position in shares of SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 29,046 shares of the company’s stock, valued at approximately $729,000. Gradient Investments LLC owned about 2.42% of SPDR SSGA My2028 Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Heartwood Wealth Advisors LLC increased its stake in SPDR SSGA My2028 Corporate Bond ETF by 2.0% in the third quarter. Heartwood Wealth Advisors LLC now owns 335,718 shares of the company’s stock worth $8,438,000 after purchasing an additional 6,529 shares during the period. Equitable Holdings Inc. lifted its position in shares of 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 purchasing an additional 16,057 shares during the last quarter. L2 Asset Management LLC purchased a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the third quarter valued at $1,501,000. Private Advisor Group LLC boosted its stake in shares of 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 valued at $420,000 after purchasing an additional 2,270 shares during the period. Finally, Beacon Financial Group bought a new position in shares of SPDR SSGA My2028 Corporate Bond ETF in the third quarter worth about $221,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Down 0.2%

MYCH stock opened at $24.87 on Wednesday. SPDR SSGA My2028 Corporate Bond ETF has a 12 month low of $24.49 and a 12 month high of $25.27. The firm’s 50-day moving average is $25.07 and its 200 day moving average is $25.09.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

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

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.