Beacon Harbor Wealth Advisors Inc. Invests $1.24 Million in SPDR Blackstone High Income ETF (BATS:HYBL)

Beacon Harbor Wealth Advisors Inc. purchased a new position in shares of SPDR Blackstone High Income ETF (BATS:HYBL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 44,142 shares of the company’s stock, valued at approximately $1,242,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in HYBL. Luken Investment Analytics LLC increased its holdings in SPDR Blackstone High Income ETF by 81.7% in the 4th quarter. Luken Investment Analytics LLC now owns 380,114 shares of the company’s stock valued at $10,693,000 after purchasing an additional 170,941 shares during the last quarter. Hedeker Wealth LLC increased its holdings in SPDR Blackstone High Income ETF by 152.4% in the 3rd quarter. Hedeker Wealth LLC now owns 234,121 shares of the company’s stock valued at $6,454,000 after purchasing an additional 141,350 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new stake in SPDR Blackstone High Income ETF in the 3rd quarter valued at approximately $1,791,000. RFG Holdings Inc. increased its holdings in SPDR Blackstone High Income ETF by 4.6% in the 4th quarter. RFG Holdings Inc. now owns 495,356 shares of the company’s stock valued at $13,935,000 after purchasing an additional 21,752 shares during the last quarter. Finally, Raymond James & Associates acquired a new stake in SPDR Blackstone High Income ETF in the 4th quarter valued at approximately $532,000.

SPDR Blackstone High Income ETF Stock Up 0.1 %

Shares of BATS:HYBL traded up $0.03 during trading on Thursday, hitting $28.00. The company’s stock had a trading volume of 10,090 shares. The firm’s fifty day simple moving average is $28.12 and its 200 day simple moving average is $27.92.

SPDR Blackstone High Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1912 per share. This is a positive change from SPDR Blackstone High Income ETF’s previous dividend of $0.19. The ex-dividend date was Monday, April 1st.

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.