Rathbones Group PLC Invests $8.65 Million in SPDR Blackstone High Income ETF (BATS:HYBL)

Rathbones Group PLC purchased a new stake in SPDR Blackstone High Income ETF (BATS:HYBL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 305,000 shares of the company’s stock, valued at approximately $8,651,000. Rathbones Group PLC owned 0.06% of SPDR Blackstone High Income ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HYBL. HighTower Advisors LLC increased its holdings in SPDR Blackstone High Income ETF by 3.8% in the third quarter. HighTower Advisors LLC now owns 56,690 shares of the company’s stock valued at $1,628,000 after purchasing an additional 2,065 shares during the last quarter. Jane Street Group LLC raised its position in SPDR Blackstone High Income ETF by 12.7% in the 3rd quarter. Jane Street Group LLC now owns 48,200 shares of the company’s stock valued at $1,384,000 after buying an additional 5,415 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of SPDR Blackstone High Income ETF by 9.8% in the third quarter. Orion Portfolio Solutions LLC now owns 84,373 shares of the company’s stock worth $2,422,000 after purchasing an additional 7,520 shares in the last quarter. Virtu Financial LLC bought a new stake in SPDR Blackstone High Income ETF during the 3rd quarter worth about $4,725,000. Finally, World Investment Advisors LLC boosted its position in SPDR Blackstone High Income ETF by 7.6% during the third quarter. World Investment Advisors LLC now owns 31,394 shares of the company’s stock valued at $901,000 after purchasing an additional 2,209 shares during the last quarter.

SPDR Blackstone High Income ETF Stock Down 4.5 %

BATS HYBL opened at $27.10 on Tuesday. The firm’s fifty day moving average price is $28.28 and its two-hundred day moving average price is $28.44. SPDR Blackstone High Income ETF has a 1 year low of $26.86 and a 1 year high of $28.75.

SPDR Blackstone High Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1612 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.