Pallas Capital Advisors LLC Purchases 41,865 Shares of State Street Blackstone High Income ETF $HYBL

Pallas Capital Advisors LLC boosted its position in shares of State Street Blackstone High Income ETF (BATS:HYBL) by 9.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 467,436 shares of the company’s stock after buying an additional 41,865 shares during the period. Pallas Capital Advisors LLC owned approximately 3.33% of State Street Blackstone High Income ETF worth $13,294,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC lifted its holdings in shares of State Street Blackstone High Income ETF by 2.8% during the 3rd quarter. Merit Financial Group LLC now owns 14,703 shares of the company’s stock worth $421,000 after acquiring an additional 397 shares during the period. Advisory Services Network LLC boosted its position in shares of 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 worth $1,096,000 after acquiring an additional 487 shares in the last quarter. NewEdge Advisors LLC increased its stake in State Street Blackstone High Income ETF by 5.2% in the first quarter. NewEdge Advisors LLC now owns 17,056 shares of the company’s stock valued at $480,000 after acquiring an additional 850 shares during the last quarter. Thompson Davis & CO. Inc. raised its position in State Street Blackstone High Income ETF by 3.7% during the fourth quarter. Thompson Davis & CO. Inc. now owns 44,027 shares of the company’s stock valued at $1,252,000 after purchasing an additional 1,563 shares in the last quarter. Finally, World Investment Advisors raised its position in State Street Blackstone High Income ETF by 2.3% during the third quarter. World Investment Advisors now owns 100,962 shares of the company’s stock valued at $2,893,000 after purchasing an additional 2,268 shares in the last quarter.

State Street Blackstone High Income ETF Stock Performance

BATS HYBL opened at $27.61 on Friday. The business has a fifty day moving average price of $28.12 and a two-hundred day moving average price of $28.35. State Street Blackstone High Income ETF has a fifty-two week low of $26.86 and a fifty-two week high of $28.69.

State Street Blackstone High Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1486 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Monday, March 2nd.

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.