SPDR Blackstone High Income ETF (BATS:HYBL) Stock Position Lifted by Bank of America Corp DE

Bank of America Corp DE boosted its stake in shares of SPDR Blackstone High Income ETF (BATS:HYBL) by 281.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,634 shares of the company’s stock after purchasing an additional 81,603 shares during the quarter. Bank of America Corp DE owned approximately 2.03% of SPDR Blackstone High Income ETF worth $3,138,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Providence First Trust Co purchased a new position in shares of SPDR Blackstone High Income ETF during the fourth quarter valued at $113,000. JPMorgan Chase & Co. acquired a new position in shares of SPDR Blackstone High Income ETF in the 3rd quarter worth approximately $140,000. Fairman Group LLC grew its position in SPDR Blackstone High Income ETF by 49.6% during the 4th quarter. Fairman Group LLC now owns 5,275 shares of the company’s stock worth $150,000 after acquiring an additional 1,750 shares during the last quarter. Clearstead Trust LLC boosted its position in SPDR Blackstone High Income ETF by 46.3% in the 4th quarter. Clearstead Trust LLC now owns 6,663 shares of the company’s stock valued at $189,000 after buying an additional 2,108 shares during the last quarter. Finally, Elevatus Welath Management bought a new position in SPDR Blackstone High Income ETF in the 4th quarter valued at $204,000.

SPDR Blackstone High Income ETF Price Performance

HYBL stock opened at $28.33 on Friday. The business’s fifty day moving average is $27.87 and its 200-day moving average is $28.25. SPDR Blackstone High Income ETF has a twelve month low of $26.86 and a twelve month high of $28.75.

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.