Pallas Capital Advisors LLC Increases Stock Holdings in State Street Blackstone High Income ETF $HYBL

Pallas Capital Advisors LLC grew its stake in shares of State Street Blackstone High Income ETF (BATS:HYBL) by 4.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 425,571 shares of the company’s stock after purchasing an additional 17,971 shares during the quarter. Pallas Capital Advisors LLC owned approximately 3.03% of State Street Blackstone High Income ETF worth $12,193,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HYBL. ZEGA Investments LLC raised its stake in State Street Blackstone High Income ETF by 243.0% during the 2nd quarter. ZEGA Investments LLC now owns 1,187,291 shares of the company’s stock worth $33,945,000 after acquiring an additional 841,188 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of State Street Blackstone High Income ETF during the first quarter worth about $4,469,000. OneAscent Wealth Management LLC acquired a new stake in shares of State Street Blackstone High Income ETF during the third quarter worth about $4,367,000. Inspire Advisors LLC purchased a new stake in shares of State Street Blackstone High Income ETF in the 2nd quarter valued at about $4,332,000. Finally, Sharkey Howes & Javer lifted its holdings in shares of State Street Blackstone High Income ETF by 178.6% in the 3rd quarter. Sharkey Howes & Javer now owns 210,396 shares of the company’s stock valued at $6,028,000 after purchasing an additional 134,876 shares during the last quarter.

State Street Blackstone High Income ETF Stock Performance

BATS:HYBL opened at $28.33 on Monday. State Street Blackstone High Income ETF has a 52-week low of $26.86 and a 52-week high of $28.69. The stock’s 50 day moving average price is $28.45 and its 200 day moving average price is $28.48.

State Street Blackstone High Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1555 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.