SK Wealth Management LLC Acquires 21,322 Shares of SPDR Blackstone High Income ETF (BATS:HYBL)

SK Wealth Management LLC lifted its holdings in SPDR Blackstone High Income ETF (BATS:HYBL) by 26.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,427 shares of the company’s stock after purchasing an additional 21,322 shares during the quarter. SPDR Blackstone High Income ETF accounts for approximately 1.5% of SK Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. SK Wealth Management LLC’s holdings in SPDR Blackstone High Income ETF were worth $2,842,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in shares of SPDR Blackstone High Income ETF by 95.8% in the fourth quarter. LPL Financial LLC now owns 337,343 shares of the company’s stock worth $9,569,000 after purchasing an additional 165,058 shares in the last quarter. Advance Capital Management Inc. acquired a new position in SPDR Blackstone High Income ETF during the first quarter worth $9,634,000. Collaborative Wealth Managment Inc. increased its holdings in SPDR Blackstone High Income ETF by 43.4% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 65,203 shares of the company’s stock worth $1,849,000 after buying an additional 19,729 shares during the last quarter. Wells Fargo & Company MN acquired a new position in SPDR Blackstone High Income ETF during the fourth quarter worth $1,402,000. Finally, Envestnet Asset Management Inc. increased its holdings in SPDR Blackstone High Income ETF by 7.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 294,758 shares of the company’s stock worth $8,361,000 after buying an additional 20,218 shares during the last quarter.

SPDR Blackstone High Income ETF Stock Performance

Shares of HYBL opened at $28.38 on Friday. SPDR Blackstone High Income ETF has a 1-year low of $26.86 and a 1-year high of $28.75. The company’s fifty day simple moving average is $28.06 and its 200 day simple moving average is $28.22.

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.