Exchange Capital Management Inc. Invests $811,000 in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH)

Exchange Capital Management Inc. purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,098 shares of the company’s stock, valued at approximately $811,000.

Separately, Jane Street Group LLC bought a new stake in SPDR SSGA My2028 Corporate Bond ETF in the 3rd quarter valued at about $4,992,000.

SPDR SSGA My2028 Corporate Bond ETF Trading Up 0.2 %

Shares of MYCH opened at $24.78 on Wednesday. SPDR SSGA My2028 Corporate Bond ETF has a 12 month low of $24.39 and a 12 month high of $25.06. The stock’s 50 day simple moving average is $24.56.

SPDR SSGA My2028 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.0887 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.