Gryphon Financial Partners LLC Takes Position in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Gryphon Financial Partners LLC purchased a new position in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 76,384 shares of the company’s stock, valued at approximately $1,906,000. Gryphon Financial Partners LLC owned 0.46% of SPDR SSGA My2028 Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in MYCH. Lido Advisors LLC bought a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 4th quarter valued at about $5,515,000. Farther Finance Advisors LLC bought a new position in SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth about $805,000. Gradient Investments LLC bought a new position in SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth about $729,000. Hobbs Group Advisors LLC purchased a new position in shares of SPDR SSGA My2028 Corporate Bond ETF during the fourth quarter worth approximately $575,000. 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 worth $2,850,000 after acquiring an additional 16,057 shares during the period.

SPDR SSGA My2028 Corporate Bond ETF Price Performance

SPDR SSGA My2028 Corporate Bond ETF stock opened at $24.86 on Friday. The company has a 50 day moving average price of $24.86 and a 200-day moving average price of $24.97. SPDR SSGA My2028 Corporate Bond ETF has a fifty-two week low of $24.78 and a fifty-two week high of $25.27.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.0883 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is an increase 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.