31,107 Shares in State Street Blackstone High Income ETF $HYBL Acquired by Saxony Capital Management LLC

Saxony Capital Management LLC bought a new stake in State Street Blackstone High Income ETF (BATS:HYBL) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 31,107 shares of the company’s stock, valued at approximately $885,000.

A number of other large investors have also recently bought and sold shares of HYBL. Pallas Capital Advisors LLC raised its holdings in shares of State Street Blackstone High Income ETF by 9.8% in the fourth quarter. Pallas Capital Advisors LLC now owns 467,436 shares of the company’s stock worth $13,294,000 after acquiring an additional 41,865 shares during the last quarter. Thompson Davis & CO. Inc. boosted its stake in shares of State Street Blackstone High Income ETF by 3.7% during the fourth quarter. Thompson Davis & CO. Inc. now owns 44,027 shares of the company’s stock valued at $1,252,000 after acquiring an additional 1,563 shares during the last quarter. Auour Investments LLC increased its position in State Street Blackstone High Income ETF by 12.7% during the 4th quarter. Auour Investments LLC now owns 77,250 shares of the company’s stock worth $2,197,000 after purchasing an additional 8,734 shares in the last quarter. Marshall Financial Group LLC increased its position in State Street Blackstone High Income ETF by 30.7% during the 4th quarter. Marshall Financial Group LLC now owns 16,040 shares of the company’s stock worth $456,000 after purchasing an additional 3,763 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in 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 valued at $632,000 after purchasing an additional 3,103 shares during the last quarter.

State Street Blackstone High Income ETF Stock Performance

BATS:HYBL opened at $27.65 on Tuesday. The company’s 50-day moving average is $28.10 and its two-hundred day moving average is $28.34. State Street Blackstone High Income ETF has a 12-month low of $26.86 and a 12-month high of $28.69.

State Street Blackstone High Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.1486 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend was Monday, March 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.