Redmont Wealth Advisors LLC Acquires Shares of 8,452 SPDR Blackstone High Income ETF (BATS:HYBL)

Redmont Wealth Advisors LLC acquired a new stake in SPDR Blackstone High Income ETF (BATS:HYBL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,452 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HYBL. Envestnet Asset Management Inc. bought a new position in shares of SPDR Blackstone High Income ETF during the first quarter worth $2,305,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of SPDR Blackstone High Income ETF during the first quarter worth $433,000. Jane Street Group LLC acquired a new stake in shares of SPDR Blackstone High Income ETF during the first quarter worth $3,113,000. Advisory Services Network LLC acquired a new stake in shares of SPDR Blackstone High Income ETF during the first quarter worth $647,000. Finally, Osaic Holdings Inc. raised its holdings in shares of SPDR Blackstone High Income ETF by 3.7% during the second quarter. Osaic Holdings Inc. now owns 186,614 shares of the company’s stock worth $5,175,000 after acquiring an additional 6,656 shares during the period.

SPDR Blackstone High Income ETF Stock Up 0.3 %

Shares of BATS:HYBL traded up $0.07 during midday trading on Friday, reaching $28.02. 75,936 shares of the company were exchanged. The stock’s fifty day moving average price is $28.10 and its two-hundred day moving average price is $27.86.

SPDR Blackstone High Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.1912 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from SPDR Blackstone High Income ETF’s previous dividend of $0.19.

SPDR 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.