SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Short Interest Update

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 19,103 shares, an increase of 2,764.0% from the June 15th total of 667 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 165,090 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of SPDR SSGA My2028 Corporate Bond ETF

Large investors have recently made changes to their positions in the business. Gradient Investments LLC increased its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 3.4% in the second quarter. Gradient Investments LLC now owns 28,880 shares of the company’s stock valued at $719,000 after buying an additional 944 shares in the last quarter. Lido Advisors LLC lifted its position in SPDR SSGA My2028 Corporate Bond ETF by 5,490.7% during the 1st quarter. Lido Advisors LLC now owns 12,291,898 shares of the company’s stock worth $306,744,000 after buying an additional 12,072,034 shares in the last quarter. Gryphon Financial Partners LLC bought a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 1st quarter worth about $1,906,000. Private Advisor Group LLC increased its position in SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the 1st quarter. Private Advisor Group LLC now owns 23,905 shares of the company’s stock valued at $597,000 after acquiring an additional 1,660 shares in the last quarter. Finally, L2 Asset Management LLC raised its stake 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 worth $1,593,000 after acquiring an additional 3,783 shares during the last quarter.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCH remained flat at $24.82 during mid-day trading on Friday. 74,573 shares of the stock traded hands, compared to its average volume of 247,748. SPDR SSGA My2028 Corporate Bond ETF has a 12 month low of $24.80 and a 12 month high of $25.27. The firm’s fifty day moving average price is $24.87 and its two-hundred day moving average price is $24.97.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.0883 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is a positive change from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.09.

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.