SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Trading Down 0% – Here’s What Happened

Shares of SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) dropped 0% during trading on Friday . The stock traded as low as $25.04 and last traded at $25.04. Approximately 1,908 shares traded hands during trading, a decline of 73% from the average daily volume of 6,952 shares. The stock had previously closed at $25.05.

SPDR SSGA My2028 Corporate Bond ETF Price Performance

The business’s 50-day moving average is $25.11 and its 200 day moving average is $24.99.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a $0.0935 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Trading of SPDR SSGA My2028 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of MYCH. Heartwood Wealth Advisors LLC grew its holdings 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 purchasing an additional 6,529 shares during the last quarter. Exchange Capital Management Inc. grew its holdings in SPDR SSGA My2028 Corporate Bond ETF by 40.8% in the 2nd quarter. Exchange Capital Management Inc. now owns 199,036 shares of the company’s stock worth $4,985,000 after acquiring an additional 57,716 shares during the last quarter. Equitable Holdings Inc. grew its holdings in SPDR SSGA My2028 Corporate Bond ETF by 16.5% in the 3rd quarter. Equitable Holdings Inc. now owns 113,368 shares of the company’s stock worth $2,850,000 after acquiring an additional 16,057 shares during the last quarter. Masso Torrence Wealth Management Inc. increased its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 13.1% in the second quarter. Masso Torrence Wealth Management Inc. now owns 32,093 shares of the company’s stock valued at $804,000 after acquiring an additional 3,722 shares during the period. Finally, Global Financial Private Client LLC bought a new position in shares of SPDR SSGA My2028 Corporate Bond ETF during the second quarter valued at about $445,000.

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.