Envestnet Portfolio Solutions Inc. Raises Stake in SPDR Blackstone High Income ETF (BATS:HYBL)

Envestnet Portfolio Solutions Inc. grew its stake in SPDR Blackstone High Income ETF (BATS:HYBL) by 13.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,741 shares of the company’s stock after acquiring an additional 6,449 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Blackstone High Income ETF were worth $1,581,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Providence First Trust Co acquired a new stake in shares of SPDR Blackstone High Income ETF during the 4th quarter worth about $113,000. JPMorgan Chase & Co. acquired a new position in SPDR Blackstone High Income ETF in the 3rd quarter valued at about $140,000. Fairman Group LLC increased its stake in SPDR Blackstone High Income ETF by 49.6% during the fourth quarter. Fairman Group LLC now owns 5,275 shares of the company’s stock worth $150,000 after purchasing an additional 1,750 shares during the period. Clearstead Trust LLC lifted its holdings in SPDR Blackstone High Income ETF by 46.3% during the 4th quarter. Clearstead Trust LLC now owns 6,663 shares of the company’s stock worth $189,000 after buying an additional 2,108 shares in the last quarter. Finally, Moors & Cabot Inc. acquired a new position in shares of SPDR Blackstone High Income ETF during the fourth quarter worth about $244,000.

SPDR Blackstone High Income ETF Stock Performance

Shares of SPDR Blackstone High Income ETF stock opened at $28.19 on Friday. The company has a fifty day simple moving average of $28.41 and a 200-day simple moving average of $28.47. SPDR Blackstone High Income ETF has a 12-month low of $27.14 and a 12-month high of $28.75.

SPDR Blackstone High Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1612 dividend. The ex-dividend date was Monday, March 3rd.

About SPDR 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.