Park Avenue Securities LLC Sells 23,388 Shares of State Street Blackstone High Income ETF $HYBL

Park Avenue Securities LLC lessened its holdings in State Street Blackstone High Income ETF (BATS:HYBL) by 52.7% during the 4th quarter, Holdings Channel reports. The firm owned 20,963 shares of the company’s stock after selling 23,388 shares during the period. Park Avenue Securities LLC’s holdings in State Street Blackstone High Income ETF were worth $596,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HYBL. Newbridge Financial Services Group Inc. lifted its holdings in State Street Blackstone High Income ETF by 753.3% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,200 shares of the company’s stock valued at $91,000 after buying an additional 2,825 shares during the period. Ameritas Advisory Services LLC acquired a new stake in State Street Blackstone High Income ETF during the 3rd quarter worth $105,000. Jones Financial Companies Lllp acquired a new stake in State Street Blackstone High Income ETF during the 3rd quarter worth $119,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of State Street Blackstone High Income ETF during the 3rd quarter valued at $119,000. Finally, Allen Capital Group LLC bought a new stake in shares of State Street Blackstone High Income ETF during the 3rd quarter valued at $209,000.

State Street Blackstone High Income ETF Price Performance

HYBL stock opened at $27.61 on Friday. State Street Blackstone High Income ETF has a twelve month low of $26.86 and a twelve month high of $28.69. The business’s fifty day moving average is $28.12 and its 200-day moving average is $28.35.

State Street Blackstone High Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1486 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.5%.

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.