DWM Financial Group Inc. Acquires 35,420 Shares of State Street Blackstone High Income ETF $HYBL

DWM Financial Group Inc. acquired a new stake in State Street Blackstone High Income ETF (BATS:HYBL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,420 shares of the company’s stock, valued at approximately $977,000. State Street Blackstone High Income ETF makes up 0.8% of DWM Financial Group Inc.’s portfolio, making the stock its 22nd largest position.

A number of other institutional investors have also added to or reduced their stakes in the stock. Field & Main Bank bought a new stake in shares of State Street Blackstone High Income ETF during the second quarter valued at approximately $414,000. Western Wealth Management LLC bought a new position in shares of State Street Blackstone High Income ETF during the first quarter worth $33,000. Clearstead Trust LLC purchased a new position in State Street Blackstone High Income ETF during the second quarter valued at $38,000. Integrated Wealth Concepts LLC purchased a new position in State Street Blackstone High Income ETF during the second quarter valued at $40,000. Finally, Sound Income Strategies LLC grew its stake in State Street Blackstone High Income ETF by 371.4% during the first quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock valued at $46,000 after acquiring an additional 1,300 shares in the last quarter.

State Street Blackstone High Income ETF Trading Down 0.2%

Shares of BATS HYBL opened at $27.43 on Friday. State Street Blackstone High Income ETF has a 52-week low of $27.29 and a 52-week high of $28.62. The firm’s fifty day moving average is $27.70 and its two-hundred day moving average is $27.95.

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.