Eldridge Investment Advisors Inc. reduced its position in State Street Blackstone High Income ETF (BATS:HYBL – Free Report) by 42.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,392 shares of the company’s stock after selling 49,500 shares during the quarter. Eldridge Investment Advisors Inc. owned 0.47% of State Street Blackstone High Income ETF worth $1,888,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in shares of State Street Blackstone High Income ETF in the 4th quarter worth about $35,000. Ameritas Advisory Services LLC purchased a new position in shares of State Street Blackstone High Income ETF in the 3rd quarter worth about $105,000. Jones Financial Companies Lllp purchased a new stake in State Street Blackstone High Income ETF during the 3rd quarter valued at about $119,000. Northwestern Mutual Wealth Management Co. purchased a new stake in State Street Blackstone High Income ETF during the 3rd quarter valued at about $119,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in State Street Blackstone High Income ETF during the 3rd quarter valued at about $237,000.
State Street Blackstone High Income ETF Stock Performance
Shares of HYBL stock opened at $27.91 on Tuesday. State Street Blackstone High Income ETF has a 1-year low of $27.60 and a 1-year high of $28.69. The business has a 50-day moving average of $28.00 and a 200 day moving average of $28.19.
State Street 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. HYBL was launched on Feb 17, 2022 and is managed by State Street.
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