Lido Advisors LLC Has $306.74 Million Position in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Lido Advisors LLC lifted its stake in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) by 5,490.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,291,898 shares of the company’s stock after buying an additional 12,072,034 shares during the period. SPDR SSGA My2028 Corporate Bond ETF comprises 0.9% of Lido Advisors LLC’s portfolio, making the stock its 11th biggest holding. Lido Advisors LLC owned approximately 73.38% of SPDR SSGA My2028 Corporate Bond ETF worth $306,744,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in MYCH. Farther Finance Advisors LLC acquired a new position in SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter valued at approximately $805,000. Hobbs Group Advisors LLC acquired a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the 4th quarter worth approximately $575,000. Gryphon Financial Partners LLC bought a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the first quarter valued at approximately $1,906,000. Gradient Investments LLC bought a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the fourth quarter valued at approximately $729,000. Finally, Equitable Holdings Inc. increased its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 16.5% during 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 Price Performance

Shares of MYCH stock opened at $24.82 on Thursday. SPDR SSGA My2028 Corporate Bond ETF has a one year low of $24.78 and a one year high of $25.27. The stock has a fifty day moving average price of $24.86 and a 200 day moving average price of $24.96.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

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

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.