NewEdge Wealth LLC Takes Position in State Street Blackstone High Income ETF $HYBL

NewEdge Wealth LLC acquired a new stake in State Street Blackstone High Income ETF (BATS:HYBL) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,648 shares of the company’s stock, valued at approximately $1,299,000. NewEdge Wealth LLC owned about 0.33% of State Street Blackstone High Income ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Redmont Wealth Advisors LLC grew its holdings in State Street Blackstone High Income ETF by 4.6% during the 4th quarter. Redmont Wealth Advisors LLC now owns 8,850 shares of the company’s stock worth $252,000 after acquiring an additional 388 shares during the last quarter. Merit Financial Group LLC raised its stake in shares of State Street Blackstone High Income ETF by 2.8% during the third quarter. Merit Financial Group LLC now owns 14,703 shares of the company’s stock valued at $421,000 after acquiring an additional 397 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of State Street Blackstone High Income ETF by 1.3% during the second quarter. Advisory Services Network LLC now owns 38,390 shares of the company’s stock valued at $1,096,000 after acquiring an additional 487 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of State Street Blackstone High Income ETF by 2.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 24,980 shares of the company’s stock worth $710,000 after purchasing an additional 500 shares during the period. Finally, Gateway Wealth Partners LLC lifted its holdings 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 purchasing an additional 562 shares during the period.

State Street Blackstone High Income ETF Price Performance

Shares of State Street Blackstone High Income ETF stock opened at $27.89 on Monday. State Street Blackstone High Income ETF has a twelve month low of $27.60 and a twelve month high of $28.69. The company’s fifty day moving average is $27.96 and its 200 day moving average is $28.06.

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