World Investment Advisors Cuts Stake in State Street Blackstone High Income ETF $HYBL

World Investment Advisors cut its holdings in shares of State Street Blackstone High Income ETF (BATS:HYBL) by 58.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,626 shares of the company’s stock after selling 21,779 shares during the period. World Investment Advisors owned 0.11% of State Street Blackstone High Income ETF worth $435,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in State Street Blackstone High Income ETF during the 4th quarter valued at about $35,000. Sound Income Strategies LLC raised its stake in State Street Blackstone High Income ETF by 371.4% in the first quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock valued at $46,000 after buying an additional 1,300 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in State Street Blackstone High Income ETF in the third quarter worth about $119,000. Tactive Advisors LLC acquired a new stake in State Street Blackstone High Income ETF in the first quarter worth about $200,000. Finally, Gateway Wealth Partners LLC grew its stake in shares of State Street Blackstone High Income ETF by 6.9% during the fourth quarter. Gateway Wealth Partners LLC now owns 8,752 shares of the company’s stock worth $249,000 after acquiring an additional 562 shares during the last quarter.

State Street Blackstone High Income ETF Stock Performance

Shares of HYBL traded up $0.01 during mid-day trading on Friday, hitting $27.90. 55,673 shares of the company traded hands, compared to its average volume of 158,332. The business has a 50 day moving average of $28.00 and a 200 day moving average of $28.10. State Street Blackstone High Income ETF has a 1-year low of $27.60 and a 1-year high of $28.69.

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