State Street Blackstone High Income ETF (BATS:HYBL) Stock Price Down 0.1% – Here’s What Happened

State Street Blackstone High Income ETF (BATS:HYBL)’s share price was down 0.1% on Wednesday. The company traded as low as $27.57 and last traded at $27.57. 60,026 shares changed hands during trading, a decline of 58% from the average session volume of 143,291 shares. The stock had previously closed at $27.61.

State Street Blackstone High Income ETF Stock Up 0.1%

The firm has a 50 day simple moving average of $27.91 and a two-hundred day simple moving average of $27.94.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HYBL. ZEGA Investments LLC increased its position in State Street Blackstone High Income ETF by 2.0% during the 2nd quarter. ZEGA Investments LLC now owns 1,933,377 shares of the company’s stock worth $54,038,000 after purchasing an additional 38,396 shares during the period. Bank of America Corp DE lifted its holdings in shares of State Street Blackstone High Income ETF by 19.4% in the 1st quarter. Bank of America Corp DE now owns 666,803 shares of the company’s stock valued at $18,564,000 after buying an additional 108,295 shares during the period. Decker Wealth Management LLC purchased a new stake in shares of State Street Blackstone High Income ETF in the first quarter valued at approximately $11,678,000. Advance Capital Management Inc. boosted its stake in shares of State Street Blackstone High Income ETF by 9.7% in the first quarter. Advance Capital Management Inc. now owns 372,995 shares of the company’s stock valued at $10,384,000 after buying an additional 33,101 shares in the last quarter. Finally, OneAscent Financial Services LLC grew its holdings in State Street Blackstone High Income ETF by 145.6% during the fourth quarter. OneAscent Financial Services LLC now owns 241,243 shares of the company’s stock worth $6,861,000 after acquiring an additional 143,001 shares during the period.

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.