SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Plans Dividend Increase – $0.09 Per Share

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) announced a dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.0908 per share on Tuesday, October 6th. The ex-dividend date is Thursday, October 1st. This is a 6.7% increase from SPDR SSGA My2028 Corporate Bond ETF’s previous dividend of $0.0851.

SPDR SSGA My2028 Corporate Bond ETF Price Performance

Shares of MYCH traded down $0.05 during trading hours on Thursday, reaching $24.57. The stock had a trading volume of 32,178 shares, compared to its average volume of 231,749. The firm has a 50-day simple moving average of $24.78 and a 200 day simple moving average of $24.85. SPDR SSGA My2028 Corporate Bond ETF has a 12 month low of $24.53 and a 12 month high of $25.27.

Institutional Investors Weigh In On SPDR SSGA My2028 Corporate Bond ETF

Several institutional investors have recently bought and sold shares of MYCH. Lido Advisors LLC raised its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 5,490.7% in the first quarter. Lido Advisors LLC now owns 12,291,898 shares of the company’s stock valued at $306,744,000 after purchasing an additional 12,072,034 shares during the last quarter. Citadel Advisors LLC grew its position in SPDR SSGA My2028 Corporate Bond ETF by 598.1% during the second quarter. Citadel Advisors LLC now owns 325,692 shares of the company’s stock valued at $8,111,000 after buying an additional 279,039 shares during the period. Gryphon Financial Partners LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF during the first quarter worth about $1,906,000. L2 Asset Management LLC raised its position in 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 period. Finally, Private Advisor Group LLC boosted its stake in 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 acquiring an additional 1,660 shares during the last quarter.

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.