SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Increases Dividend to $0.09 Per Share

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.09 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a 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 Trading Down 0.4%

Shares of MYCH traded down $0.11 during midday trading on Tuesday, hitting $24.74. The stock had a trading volume of 32,432 shares, compared to its average volume of 249,239. SPDR SSGA My2028 Corporate Bond ETF has a 1 year low of $24.73 and a 1 year high of $25.27. The stock’s 50 day moving average is $24.85 and its 200 day moving average is $24.91.

Hedge Funds Weigh In On SPDR SSGA My2028 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC bought a new stake in SPDR SSGA My2028 Corporate Bond ETF in the fourth quarter worth about $287,000. Private Advisor Group LLC grew 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 buying an additional 2,270 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 7.5% during the fourth quarter. Sanctuary Advisors LLC now owns 26,899 shares of the company’s stock valued at $675,000 after buying an additional 1,876 shares during the last quarter. Gradient Investments LLC grew its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 3.4% during 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 during the last quarter. Finally, L2 Asset Management LLC raised its holdings 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 buying an additional 3,783 shares during the period.

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.