Saxony Capital Management LLC Makes New Investment in State Street Blackstone High Income ETF $HYBL

Saxony Capital Management LLC purchased a new position in shares of State Street Blackstone High Income ETF (BATS:HYBL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 31,107 shares of the company’s stock, valued at approximately $885,000. Saxony Capital Management LLC owned 0.22% of State Street Blackstone High Income ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HYBL. Jane Street Group LLC purchased a new stake in State Street Blackstone High Income ETF during the first quarter worth about $4,469,000. OneAscent Wealth Management LLC purchased a new position in State Street Blackstone High Income ETF in the third quarter valued at about $4,367,000. Sharkey Howes & Javer lifted its position in shares of State Street Blackstone High Income ETF by 178.6% during the 3rd quarter. Sharkey Howes & Javer now owns 210,396 shares of the company’s stock valued at $6,028,000 after acquiring an additional 134,876 shares during the period. Bank of America Corp DE lifted its position in shares of State Street Blackstone High Income ETF by 68.7% during the 2nd quarter. Bank of America Corp DE now owns 299,272 shares of the company’s stock valued at $8,556,000 after acquiring an additional 121,921 shares during the period. Finally, OneAscent Financial Services LLC purchased a new stake in shares of State Street Blackstone High Income ETF during the 3rd quarter worth approximately $2,815,000.

State Street Blackstone High Income ETF Stock Up 0.1%

Shares of HYBL stock opened at $27.65 on Tuesday. The stock has a fifty day moving average price of $28.10 and a 200 day moving average price of $28.34. State Street Blackstone High Income ETF has a 1 year low of $26.86 and a 1 year high of $28.69.

State Street Blackstone High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1486 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Monday, March 2nd.

About State Street Blackstone High Income ETF

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.