NewEdge Wealth LLC Invests $1.30 Million in State Street Blackstone High Income ETF $HYBL

NewEdge Wealth LLC acquired a new stake in State Street Blackstone High Income ETF (BATS:HYBL) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 46,648 shares of the company’s stock, valued at approximately $1,299,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Redmont Wealth Advisors LLC grew its stake in State Street Blackstone High Income ETF by 4.6% during the fourth quarter. Redmont Wealth Advisors LLC now owns 8,850 shares of the company’s stock worth $252,000 after purchasing an additional 388 shares during the period. Merit Financial Group LLC boosted its holdings in shares of State Street Blackstone High Income ETF by 2.8% during the 3rd quarter. Merit Financial Group LLC now owns 14,703 shares of the company’s stock worth $421,000 after buying an additional 397 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of State Street Blackstone High Income ETF by 1.3% during the 2nd quarter. Advisory Services Network LLC now owns 38,390 shares of the company’s stock worth $1,096,000 after buying an additional 487 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of State Street Blackstone High Income ETF by 2.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 24,980 shares of the company’s stock worth $710,000 after buying an additional 500 shares during the period. Finally, Gateway Wealth Partners LLC grew its position in shares of State Street Blackstone High Income ETF by 6.9% during the 4th quarter. Gateway Wealth Partners LLC now owns 8,752 shares of the company’s stock worth $249,000 after buying an additional 562 shares during the period.

State Street Blackstone High Income ETF Price Performance

Shares of BATS HYBL opened at $27.89 on Monday. The company’s fifty day simple moving average is $27.96 and its 200 day simple moving average is $28.06. State Street Blackstone High Income ETF has a 12-month low of $27.60 and a 12-month high of $28.69.

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.