Gradient Investments LLC Has $3.02 Million Stock Holdings in SPDR SSGA My2027 Corporate Bond ETF $MYCG

Gradient Investments LLC raised its stake in shares of SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) by 263.4% during the fourth quarter, Holdings Channel reports. The firm owned 120,534 shares of the company’s stock after buying an additional 87,364 shares during the period. Gradient Investments LLC owned about 0.11% of SPDR SSGA My2027 Corporate Bond ETF worth $3,018,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. L2 Asset Management LLC acquired a new stake in SPDR SSGA My2027 Corporate Bond ETF in the 3rd quarter valued at $1,501,000. Private Advisor Group LLC acquired a new position in SPDR SSGA My2027 Corporate Bond ETF during the third quarter worth $215,000. Fourth Dimension Wealth LLC bought a new position in shares of SPDR SSGA My2027 Corporate Bond ETF during the third quarter valued at $281,000. Beacon Financial Group boosted its stake in shares of SPDR SSGA My2027 Corporate Bond ETF by 10.0% in the 3rd quarter. Beacon Financial Group now owns 8,798 shares of the company’s stock valued at $221,000 after purchasing an additional 798 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of SPDR SSGA My2027 Corporate Bond ETF by 102.4% in the 2nd quarter. Jane Street Group LLC now owns 34,575 shares of the company’s stock valued at $865,000 after purchasing an additional 17,489 shares in the last quarter.

SPDR SSGA My2027 Corporate Bond ETF Trading Up 0.1%

Shares of SPDR SSGA My2027 Corporate Bond ETF stock opened at $24.97 on Tuesday. The company has a 50-day simple moving average of $25.05 and a 200 day simple moving average of $25.05. SPDR SSGA My2027 Corporate Bond ETF has a 12-month low of $24.65 and a 12-month high of $27.31.

SPDR SSGA My2027 Corporate Bond ETF Cuts Dividend

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

SPDR SSGA My2027 Corporate Bond ETF Company 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.