Orion Portfolio Solutions LLC Boosts Position in SPDR Blackstone High Income ETF (BATS:HYBL)

Orion Portfolio Solutions LLC raised its stake in SPDR Blackstone High Income ETF (BATS:HYBL) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,614 shares of the company’s stock after buying an additional 7,241 shares during the period. Orion Portfolio Solutions LLC owned about 1.68% of SPDR Blackstone High Income ETF worth $2,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in shares of SPDR Blackstone High Income ETF during the fourth quarter valued at $18,942,000. Concord Wealth Partners bought a new position in SPDR Blackstone High Income ETF during the 4th quarter worth about $15,387,000. Concord Asset Management LLC VA purchased a new position in SPDR Blackstone High Income ETF during the 4th quarter valued at about $15,180,000. LPL Financial LLC raised its holdings in shares of SPDR Blackstone High Income ETF by 95.8% in the 4th quarter. LPL Financial LLC now owns 337,343 shares of the company’s stock valued at $9,569,000 after purchasing an additional 165,058 shares in the last quarter. Finally, ZEGA Investments LLC purchased a new stake in shares of SPDR Blackstone High Income ETF in the 4th quarter worth approximately $9,310,000.

SPDR Blackstone High Income ETF Price Performance

Shares of HYBL stock opened at $27.97 on Wednesday. SPDR Blackstone High Income ETF has a 52-week low of $27.14 and a 52-week high of $28.75. The company’s 50 day moving average is $28.37 and its 200 day moving average is $28.47.

SPDR Blackstone High Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1612 dividend. The ex-dividend date was Monday, March 3rd.

SPDR 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.