Gryphon Financial Partners LLC Acquires New Shares in SPDR SSGA My2028 Corporate Bond ETF $MYCH

Gryphon Financial Partners LLC acquired a new position in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 76,384 shares of the company’s stock, valued at approximately $1,906,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Private Advisor Group LLC grew its holdings in SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after acquiring an additional 2,270 shares in the last quarter. Equitable Holdings Inc. raised its holdings in shares of 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 valued at $2,850,000 after purchasing an additional 16,057 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth approximately $729,000. Heartwood Wealth Advisors LLC lifted its position in shares of 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 during the period. Finally, Farther Finance Advisors LLC purchased a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth approximately $805,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

NASDAQ MYCH opened at $24.86 on Friday. The firm’s 50 day moving average price is $24.86 and its 200-day moving average price is $24.97. 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 announced 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 is an increase from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

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.