Collaborative Wealth Managment Inc. Trims Stake in State Street Blackstone High Income ETF $HYBL

Collaborative Wealth Managment Inc. cut its position in State Street Blackstone High Income ETF (BATS:HYBL) by 75.4% in the first quarter, Holdings Channel reports. The firm owned 27,195 shares of the company’s stock after selling 83,316 shares during the period. Collaborative Wealth Managment Inc.’s holdings in State Street Blackstone High Income ETF were worth $757,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in HYBL. Farther Finance Advisors LLC purchased a new stake in State Street Blackstone High Income ETF in the fourth quarter valued at approximately $35,000. Sound Income Strategies LLC grew its position in shares of State Street Blackstone High Income ETF by 371.4% during the first quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock worth $46,000 after acquiring an additional 1,300 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of State Street Blackstone High Income ETF in the 3rd quarter valued at $119,000. Tactive Advisors LLC acquired a new position in shares of State Street Blackstone High Income ETF in the 1st quarter valued at $200,000. Finally, Nwam LLC acquired a new position in shares of State Street Blackstone High Income ETF in the 1st quarter valued at $210,000.

State Street Blackstone High Income ETF Trading Up 0.1%

HYBL stock opened at $27.94 on Thursday. The company has a fifty day moving average price of $27.98 and a 200 day moving average price of $28.09. State Street Blackstone High Income ETF has a 12 month low of $27.60 and a 12 month high of $28.69.

State Street 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. HYBL was launched on Feb 17, 2022 and is managed by State Street.