State Street Blackstone High Income ETF $HYBL Shares Bought by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC grew its position in State Street Blackstone High Income ETF (BATS:HYBL) by 4.4% during the 3rd quarter, Holdings Channel reports. The fund owned 425,571 shares of the company’s stock after buying an additional 17,971 shares during the quarter. Pallas Capital Advisors LLC’s holdings in State Street Blackstone High Income ETF were worth $12,193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in HYBL. Newbridge Financial Services Group Inc. lifted its position in State Street Blackstone High Income ETF by 753.3% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,200 shares of the company’s stock valued at $91,000 after purchasing an additional 2,825 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of State Street Blackstone High Income ETF during the 3rd quarter worth approximately $105,000. Jones Financial Companies Lllp acquired a new stake in shares of State Street Blackstone High Income ETF in the 3rd quarter valued at approximately $119,000. Allen Capital Group LLC purchased a new stake in shares of State Street Blackstone High Income ETF in the third quarter valued at approximately $209,000. Finally, Wealth Watch Advisors INC acquired a new position in State Street Blackstone High Income ETF during the second quarter worth $217,000.

State Street Blackstone High Income ETF Trading Down 0.0%

BATS:HYBL opened at $28.33 on Monday. State Street Blackstone High Income ETF has a 1 year low of $26.86 and a 1 year high of $28.69. The stock has a fifty day moving average price of $28.45 and a two-hundred day moving average price of $28.48.

State Street Blackstone High Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1555 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, February 2nd.

State Street 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. HYBL was launched on Feb 17, 2022 and is managed by State Street.