SPDR Blackstone High Income ETF (BATS:HYBL) Shares Acquired by Fairman Group LLC

Fairman Group LLC lifted its stake in shares of SPDR Blackstone High Income ETF (BATS:HYBL) by 49.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,275 shares of the company’s stock after purchasing an additional 1,750 shares during the period. Fairman Group LLC’s holdings in SPDR Blackstone High Income ETF were worth $150,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Ocean Park Asset Management LLC purchased a new position in SPDR Blackstone High Income ETF in the 4th quarter worth about $2,547,000. BayBridge Capital Group LLC purchased a new position in shares of SPDR Blackstone High Income ETF in the fourth quarter worth approximately $303,000. NovaPoint Capital LLC raised its holdings in shares of SPDR Blackstone High Income ETF by 6.3% during the fourth quarter. NovaPoint Capital LLC now owns 11,804 shares of the company’s stock valued at $335,000 after acquiring an additional 700 shares during the period. Concord Wealth Partners purchased a new stake in shares of SPDR Blackstone High Income ETF in the 4th quarter valued at approximately $15,387,000. Finally, Concord Asset Management LLC VA purchased a new stake in shares of SPDR Blackstone High Income ETF in the 4th quarter valued at approximately $15,180,000.

SPDR Blackstone High Income ETF Stock Performance

BATS HYBL opened at $28.44 on Wednesday. The business’s fifty day moving average price is $28.48 and its 200 day moving average price is $28.47.

SPDR Blackstone High Income ETF Cuts Dividend

The firm 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.