L2 Asset Management LLC Makes New Investment in SPDR SSGA My2028 Corporate Bond ETF $MYCH

L2 Asset Management LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 59,712 shares of the company’s stock, valued at approximately $1,501,000. L2 Asset Management LLC owned 0.05% of SPDR SSGA My2028 Corporate Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Advisor Group LLC lifted its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after acquiring an additional 2,270 shares during the period. Heartwood Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 6,529 shares during the last quarter. Beacon Financial Group purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF in the third quarter valued at approximately $221,000. Finally, Equitable Holdings Inc. grew its holdings in SPDR SSGA My2028 Corporate Bond ETF by 16.5% in the third quarter. Equitable Holdings Inc. now owns 113,368 shares of the company’s stock valued at $2,850,000 after purchasing an additional 16,057 shares during the period.

SPDR SSGA My2028 Corporate Bond ETF Stock Up 0.1%

Shares of MYCH stock opened at $24.92 on Tuesday. SPDR SSGA My2028 Corporate Bond ETF has a one year low of $24.49 and a one year high of $25.27. The company has a 50 day moving average price of $25.09 and a 200 day moving average price of $25.09.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

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

SPDR SSGA My2028 Corporate Bond ETF 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.