State Street Blackstone High Income ETF (BATS:HYBL – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 39,867 shares, a decrease of 40.0% from the June 15th total of 66,401 shares. Based on an average trading volume of 117,049 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.
State Street Blackstone High Income ETF Stock Performance
Shares of HYBL stock opened at $27.94 on Thursday. The business has a fifty day moving average of $27.98 and a 200 day moving average of $28.09. State Street Blackstone High Income ETF has a 1 year low of $27.60 and a 1 year high of $28.69.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. ZEGA Investments LLC lifted its holdings in shares of State Street Blackstone High Income ETF by 31.7% during the fourth quarter. ZEGA Investments LLC now owns 1,685,210 shares of the company’s stock worth $47,927,000 after purchasing an additional 405,530 shares during the period. Concord Wealth Partners increased its holdings in State Street Blackstone High Income ETF by 4.1% in the 4th quarter. Concord Wealth Partners now owns 1,140,550 shares of the company’s stock worth $32,437,000 after buying an additional 45,399 shares during the period. Concord Asset Management LLC VA increased its holdings in State Street Blackstone High Income ETF by 3.6% in the 4th quarter. Concord Asset Management LLC VA now owns 1,076,804 shares of the company’s stock worth $30,624,000 after buying an additional 37,632 shares during the period. UBS Group AG raised its position in State Street Blackstone High Income ETF by 5.5% during the 4th quarter. UBS Group AG now owns 997,998 shares of the company’s stock worth $28,383,000 after buying an additional 51,752 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in State Street Blackstone High Income ETF by 2.1% during the 3rd quarter. Raymond James Financial Inc. now owns 948,938 shares of the company’s stock worth $27,187,000 after buying an additional 19,554 shares during the last quarter.
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.
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