LPL Financial LLC Purchases 165,058 Shares of SPDR Blackstone High Income ETF (BATS:HYBL)

LPL Financial LLC lifted its position in SPDR Blackstone High Income ETF (BATS:HYBL) by 95.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 337,343 shares of the company’s stock after acquiring an additional 165,058 shares during the period. LPL Financial LLC owned 6.19% of SPDR Blackstone High Income ETF worth $9,569,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HYBL. Raymond James Financial Inc. bought a new position in SPDR Blackstone High Income ETF during the 4th quarter valued at approximately $18,942,000. Concord Wealth Partners purchased a new stake in shares of SPDR Blackstone High Income ETF in the fourth quarter worth $15,387,000. Concord Asset Management LLC VA bought a new position in shares of SPDR Blackstone High Income ETF during the fourth quarter valued at $15,180,000. ZEGA Investments LLC bought a new position in shares of SPDR Blackstone High Income ETF during the fourth quarter valued at $9,310,000. Finally, Zega Financial LLC raised its position in shares of SPDR Blackstone High Income ETF by 12.8% in the 3rd quarter. Zega Financial LLC now owns 296,581 shares of the company’s stock worth $8,513,000 after purchasing an additional 33,650 shares during the last quarter.

SPDR Blackstone High Income ETF Stock Performance

The firm’s 50 day moving average price is $28.31 and its 200 day moving average price is $28.45. SPDR Blackstone High Income ETF has a fifty-two week low of $27.04 and a fifty-two week high of $28.75.

SPDR Blackstone High Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1612 per share. The ex-dividend date was Monday, March 3rd.

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.