SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) to Issue Monthly Dividend of $0.09

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.09 per share on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 0.9% increase from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2028 Corporate Bond ETF Stock Down 0.4%

Shares of SPDR SSGA My2028 Corporate Bond ETF stock traded down $0.11 during trading on Tuesday, hitting $24.74. 32,432 shares of the stock were exchanged, compared to its average volume of 249,239. The company has a fifty day moving average price of $24.85 and a 200-day moving average price of $24.91. SPDR SSGA My2028 Corporate Bond ETF has a 1-year low of $24.73 and a 1-year high of $25.27.

Institutional Investors Weigh In On SPDR SSGA My2028 Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Gradient Investments LLC raised its stake in SPDR SSGA My2028 Corporate Bond ETF by 3.4% in the 2nd quarter. Gradient Investments LLC now owns 28,880 shares of the company’s stock worth $719,000 after purchasing an additional 944 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 5,490.7% during the first quarter. Lido Advisors LLC now owns 12,291,898 shares of the company’s stock worth $306,744,000 after purchasing an additional 12,072,034 shares during the period. Gryphon Financial Partners LLC bought a new position in shares of SPDR SSGA My2028 Corporate Bond ETF during the first quarter worth approximately $1,906,000. Private Advisor Group LLC raised its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the first quarter. Private Advisor Group LLC now owns 23,905 shares of the company’s stock valued at $597,000 after buying an additional 1,660 shares in the last quarter. Finally, L2 Asset Management LLC raised its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 6.3% in the fourth quarter. L2 Asset Management LLC now owns 63,495 shares of the company’s stock valued at $1,593,000 after buying an additional 3,783 shares in the last quarter.

About SPDR SSGA My2028 Corporate Bond ETF

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.