Advance Capital Management Inc. Buys 157,242 Shares of SPDR Blackstone High Income ETF $HYBL

Advance Capital Management Inc. increased its stake in shares of SPDR Blackstone High Income ETF (BATS:HYBL) by 45.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 499,848 shares of the company’s stock after buying an additional 157,242 shares during the period. SPDR Blackstone High Income ETF comprises about 0.6% of Advance Capital Management Inc.’s holdings, making the stock its 16th biggest position. Advance Capital Management Inc. owned about 3.56% of SPDR Blackstone High Income ETF worth $14,291,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYBL. Redmont Wealth Advisors LLC grew its position in shares of SPDR Blackstone High Income ETF by 15.0% during the 1st quarter. Redmont Wealth Advisors LLC now owns 8,461 shares of the company’s stock valued at $238,000 after acquiring an additional 1,102 shares during the period. Insigneo Advisory Services LLC grew its holdings in SPDR Blackstone High Income ETF by 8.1% during the first quarter. Insigneo Advisory Services LLC now owns 8,877 shares of the company’s stock valued at $250,000 after purchasing an additional 663 shares during the period. Moors & Cabot Inc. grew its holdings in SPDR Blackstone High Income ETF by 18.5% during the first quarter. Moors & Cabot Inc. now owns 10,204 shares of the company’s stock valued at $287,000 after purchasing an additional 1,594 shares during the period. Gotham Asset Management LLC purchased a new stake in SPDR Blackstone High Income ETF in the fourth quarter worth $297,000. Finally, Fullcircle Wealth LLC raised its stake in shares of SPDR Blackstone High Income ETF by 15.3% in the first quarter. Fullcircle Wealth LLC now owns 13,583 shares of the company’s stock valued at $380,000 after buying an additional 1,800 shares during the period.

SPDR Blackstone High Income ETF Stock Up 0.7%

Shares of BATS HYBL opened at $28.58 on Monday. SPDR Blackstone High Income ETF has a one year low of $26.86 and a one year high of $28.75. The business’s fifty day moving average price is $28.53 and its 200-day moving average price is $28.24.

SPDR Blackstone High Income ETF Company 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.