Concord Asset Management LLC VA Makes New Investment in SPDR Blackstone High Income ETF (BATS:HYBL)

Concord Asset Management LLC VA bought a new stake in shares of SPDR Blackstone High Income ETF (BATS:HYBL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 535,170 shares of the company’s stock, valued at approximately $15,180,000. SPDR Blackstone High Income ETF comprises about 3.3% of Concord Asset Management LLC VA’s investment portfolio, making the stock its 6th biggest holding. Concord Asset Management LLC VA owned approximately 9.82% of SPDR Blackstone High Income ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HYBL. Fairman Group LLC bought a new position in SPDR Blackstone High Income ETF during the third quarter valued at $101,000. International Assets Investment Management LLC lifted its position in shares of SPDR Blackstone High Income ETF by 1,813.8% during the 3rd quarter. International Assets Investment Management LLC now owns 4,019 shares of the company’s stock valued at $115,000 after buying an additional 3,809 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of SPDR Blackstone High Income ETF during the 3rd quarter worth $140,000. BluePath Capital Management LLC increased its holdings in SPDR Blackstone High Income ETF by 18.8% in the 3rd quarter. BluePath Capital Management LLC now owns 10,267 shares of the company’s stock worth $295,000 after acquiring an additional 1,622 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in SPDR Blackstone High Income ETF in the 2nd quarter valued at about $415,000.

SPDR Blackstone High Income ETF Price Performance

Shares of BATS:HYBL opened at $28.63 on Friday. The stock’s fifty day simple moving average is $28.51 and its 200-day simple moving average is $28.46.

About SPDR 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.