Farther Finance Advisors LLC Buys New Position in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Farther Finance Advisors LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 32,109 shares of the company’s stock, valued at approximately $805,000. Farther Finance Advisors LLC owned about 2.47% of SPDR SSGA My2028 Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Private Advisor Group LLC increased its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the third quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock valued at $420,000 after acquiring an additional 2,270 shares in the last quarter. Heartwood Wealth Advisors LLC boosted its stake in SPDR SSGA My2028 Corporate Bond ETF by 1.2% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 339,713 shares of the company’s stock worth $8,522,000 after purchasing an additional 3,995 shares in the last quarter. Equitable Holdings Inc. boosted its stake 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 purchasing an additional 16,057 shares in the last quarter. Gradient Investments LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 4th quarter worth approximately $729,000. Finally, L2 Asset Management LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF during the 3rd quarter worth approximately $1,501,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Down 0.0%

NASDAQ MYCH opened at $24.97 on Friday. SPDR SSGA My2028 Corporate Bond ETF has a 12-month low of $24.70 and a 12-month high of $25.27. The company has a fifty day simple moving average of $24.99 and a two-hundred day simple moving average of $25.06.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.083 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.