Midwest Financial Network LLC Raises Stock Position in State Street Blackstone High Income ETF $HYBL

Midwest Financial Network LLC grew its stake in State Street Blackstone High Income ETF (BATS:HYBL) by 275.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,126 shares of the company’s stock after purchasing an additional 37,496 shares during the quarter. Midwest Financial Network LLC owned about 0.36% of State Street Blackstone High Income ETF worth $1,429,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC raised its stake in State Street Blackstone High Income ETF by 4.6% in the fourth quarter. Redmont Wealth Advisors LLC now owns 8,850 shares of the company’s stock worth $252,000 after buying an additional 388 shares in the last quarter. Merit Financial Group LLC lifted its holdings in State Street Blackstone High Income ETF by 2.8% in the third quarter. Merit Financial Group LLC now owns 14,703 shares of the company’s stock worth $421,000 after buying an additional 397 shares during the period. Advisory Services Network LLC boosted its position in State Street Blackstone High Income ETF by 1.3% during the 2nd quarter. Advisory Services Network LLC now owns 38,390 shares of the company’s stock valued at $1,096,000 after acquiring an additional 487 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in State Street Blackstone High Income ETF by 2.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 24,980 shares of the company’s stock valued at $710,000 after acquiring an additional 500 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of State Street Blackstone High Income ETF by 1.9% during the 1st quarter. NewEdge Advisors LLC now owns 27,223 shares of the company’s stock worth $758,000 after acquiring an additional 517 shares during the period.

State Street Blackstone High Income ETF Price Performance

Shares of BATS:HYBL opened at $27.90 on Thursday. State Street Blackstone High Income ETF has a 52-week low of $27.60 and a 52-week high of $28.69. The stock has a 50 day moving average price of $27.94 and a 200-day moving average price of $28.03.

State Street 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. HYBL was launched on Feb 17, 2022 and is managed by State Street.