BayBridge Capital Group LLC Invests $303,000 in SPDR Blackstone High Income ETF (BATS:HYBL)

BayBridge Capital Group LLC acquired a new stake in shares of SPDR Blackstone High Income ETF (BATS:HYBL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,676 shares of the company’s stock, valued at approximately $303,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HYBL. Sheets Smith Wealth Management raised its holdings in shares of SPDR Blackstone High Income ETF by 1.7% in the 4th quarter. Sheets Smith Wealth Management now owns 33,113 shares of the company’s stock valued at $939,000 after acquiring an additional 539 shares in the last quarter. NovaPoint Capital LLC increased its position in shares of SPDR Blackstone High Income ETF by 6.3% in the fourth quarter. NovaPoint Capital LLC now owns 11,804 shares of the company’s stock worth $335,000 after purchasing an additional 700 shares during the last quarter. BluePath Capital Management LLC increased its position in shares of SPDR Blackstone High Income ETF by 7.0% in the fourth quarter. BluePath Capital Management LLC now owns 10,985 shares of the company’s stock worth $312,000 after purchasing an additional 718 shares during the last quarter. Marshall Financial Group LLC raised its stake in SPDR Blackstone High Income ETF by 8.7% in the fourth quarter. Marshall Financial Group LLC now owns 15,573 shares of the company’s stock valued at $442,000 after purchasing an additional 1,251 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in SPDR Blackstone High Income ETF by 3.8% during the third quarter. HighTower Advisors LLC now owns 56,690 shares of the company’s stock valued at $1,628,000 after purchasing an additional 2,065 shares during the last quarter.

SPDR Blackstone High Income ETF Stock Performance

Shares of BATS:HYBL opened at $28.40 on Friday. The business has a 50 day moving average of $28.48 and a two-hundred day moving average of $28.47.

SPDR Blackstone High Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1762 dividend. The ex-dividend date was Monday, February 3rd.

SPDR Blackstone High Income ETF 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.