Sheets Smith Wealth Management Raises Stock Position in SPDR Blackstone High Income ETF (BATS:HYBL)

Sheets Smith Wealth Management lifted its stake in SPDR Blackstone High Income ETF (BATS:HYBL) by 16.8% in the 4th quarter, HoldingsChannel reports. The fund owned 26,221 shares of the company’s stock after purchasing an additional 3,776 shares during the quarter. Sheets Smith Wealth Management’s holdings in SPDR Blackstone High Income ETF were worth $738,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HYBL. Fortitude Family Office LLC purchased a new position in SPDR Blackstone High Income ETF in the fourth quarter valued at $55,000. Clearstead Trust LLC acquired a new stake in SPDR Blackstone High Income ETF in the 4th quarter valued at about $128,000. Collaborative Wealth Managment Inc. acquired a new position in shares of SPDR Blackstone High Income ETF in the third quarter worth $204,000. Redmont Wealth Advisors LLC purchased a new stake in SPDR Blackstone High Income ETF in the 4th quarter worth approximately $238,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of SPDR Blackstone High Income ETF during the 4th quarter worth about $287,000.

SPDR Blackstone High Income ETF Stock Performance

Shares of HYBL stock traded up $0.14 during trading hours on Monday, reaching $28.18. The company had a trading volume of 21,337 shares. The company’s fifty day simple moving average is $28.11 and its two-hundred day simple moving average is $27.93.

SPDR Blackstone High Income ETF Increases Dividend

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

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.