Ocean Park Asset Management LLC Makes New Investment in SPDR Blackstone High Income ETF (BATS:HYBL)

Ocean Park Asset Management LLC acquired a new stake in SPDR Blackstone High Income ETF (BATS:HYBL) in the 4th quarter, HoldingsChannel reports. The fund acquired 89,800 shares of the company’s stock, valued at approximately $2,547,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fairman Group LLC acquired a new stake in SPDR Blackstone High Income ETF in the third quarter valued at $101,000. International Assets Investment Management LLC raised its holdings in shares of SPDR Blackstone High Income ETF by 1,813.8% in the 3rd quarter. International Assets Investment Management LLC now owns 4,019 shares of the company’s stock valued at $115,000 after purchasing an additional 3,809 shares during the period. JPMorgan Chase & Co. acquired a new stake in SPDR Blackstone High Income ETF in the 3rd quarter valued at about $140,000. BluePath Capital Management LLC lifted its stake in SPDR Blackstone High Income ETF by 18.8% in the 3rd quarter. BluePath Capital Management LLC now owns 10,267 shares of the company’s stock valued at $295,000 after purchasing an additional 1,622 shares during the last quarter. Finally, BayBridge Capital Group LLC bought a new position in SPDR Blackstone High Income ETF during the fourth quarter worth about $303,000.

SPDR Blackstone High Income ETF Stock Performance

BATS:HYBL opened at $28.44 on Tuesday. The company has a 50-day simple moving average of $28.48 and a 200 day simple moving average of $28.47.

SPDR Blackstone High Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1762 dividend. The ex-dividend date was Monday, February 3rd.

SPDR Blackstone High Income ETF Profile

The SPDR Blackstone High Income ETF (HYBL) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund seeks to provide risk-adjusted total return and high current income through an actively managed portfolio of USD-denominated high yield corporate bonds, senior loans, and collateralized loan obligations (CLOs) of any maturity.