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

Lido Advisors LLC grew its position in shares of SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) by 5,490.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 12,291,898 shares of the company’s stock after buying an additional 12,072,034 shares during the quarter. SPDR SSGA My2028 Corporate Bond ETF accounts for approximately 0.9% of Lido Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Lido Advisors LLC owned 0.73% of SPDR SSGA My2028 Corporate Bond ETF worth $306,744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of MYCH. Gryphon Financial Partners LLC bought a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 1st quarter worth approximately $1,906,000. Private Advisor Group LLC raised its position in SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the 1st quarter. Private Advisor Group LLC now owns 23,905 shares of the company’s stock valued at $597,000 after purchasing an additional 1,660 shares during the last quarter. L2 Asset Management LLC raised its position in SPDR SSGA My2028 Corporate Bond ETF by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 63,495 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,783 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR SSGA My2028 Corporate Bond ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 71,975 shares of the company’s stock worth $1,805,000 after purchasing an additional 8,125 shares in the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new position in SPDR SSGA My2028 Corporate Bond ETF in the fourth quarter worth $287,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

Shares of MYCH stock opened at $24.82 on Thursday. The stock’s fifty day moving average is $24.86 and its 200-day moving average is $24.96. SPDR SSGA My2028 Corporate Bond ETF has a 52 week low of $24.78 and a 52 week high of $25.27.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

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

About SPDR SSGA My2028 Corporate Bond ETF

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.