Park Avenue Securities LLC Has $596,000 Position in State Street Blackstone High Income ETF $HYBL

Park Avenue Securities LLC cut its stake in shares of State Street Blackstone High Income ETF (BATS:HYBL) by 52.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,963 shares of the company’s stock after selling 23,388 shares during the quarter. Park Avenue Securities LLC owned approximately 0.15% of State Street Blackstone High Income ETF worth $596,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HYBL. NewEdge Advisors LLC grew its holdings in shares of State Street Blackstone High Income ETF by 16.4% in the 3rd quarter. NewEdge Advisors LLC now owns 22,062 shares of the company’s stock worth $632,000 after purchasing an additional 3,103 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in State Street Blackstone High Income ETF during the 3rd quarter valued at about $119,000. Mariner LLC boosted its position in State Street Blackstone High Income ETF by 13.4% in the third quarter. Mariner LLC now owns 121,450 shares of the company’s stock valued at $3,480,000 after buying an additional 14,386 shares in the last quarter. Moors & Cabot Inc. boosted its position in State Street Blackstone High Income ETF by 67.4% in the third quarter. Moors & Cabot Inc. now owns 18,696 shares of the company’s stock valued at $536,000 after buying an additional 7,526 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in State Street Blackstone High Income ETF by 29.9% during the third quarter. Bank of America Corp DE now owns 388,673 shares of the company’s stock worth $11,135,000 after buying an additional 89,401 shares during the last quarter.

State Street Blackstone High Income ETF Stock Down 0.2%

Shares of State Street Blackstone High Income ETF stock opened at $27.61 on Friday. The firm’s 50-day moving average price is $28.12 and its two-hundred day moving average price is $28.35. 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. Investors of record on Monday, March 2nd were given a dividend of $0.1486 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.5%.

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.