Advance Capital Management Inc. Sells 163,003 Shares of State Street Blackstone High Income ETF $HYBL

Advance Capital Management Inc. trimmed its stake in shares of State Street Blackstone High Income ETF (BATS:HYBL) by 32.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 339,894 shares of the company’s stock after selling 163,003 shares during the quarter. State Street Blackstone High Income ETF accounts for about 0.4% of Advance Capital Management Inc.’s holdings, making the stock its 20th largest position. Advance Capital Management Inc.’s holdings in State Street Blackstone High Income ETF were worth $9,667,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in State Street Blackstone High Income ETF in the 1st quarter worth about $4,469,000. OneAscent Wealth Management LLC purchased a new stake in shares of State Street Blackstone High Income ETF in the third quarter worth about $4,367,000. Sharkey Howes & Javer lifted its holdings in shares of State Street Blackstone High Income ETF by 178.6% in the third quarter. Sharkey Howes & Javer now owns 210,396 shares of the company’s stock worth $6,028,000 after buying an additional 134,876 shares in the last quarter. Bank of America Corp DE boosted its position in shares of State Street Blackstone High Income ETF by 68.7% in the second quarter. Bank of America Corp DE now owns 299,272 shares of the company’s stock valued at $8,556,000 after acquiring an additional 121,921 shares during the period. Finally, OneAscent Financial Services LLC bought a new position in shares of State Street Blackstone High Income ETF in the third quarter valued at approximately $2,815,000.

State Street Blackstone High Income ETF Stock Up 0.1%

Shares of BATS:HYBL opened at $27.76 on Friday. The company has a 50 day moving average of $28.22 and a 200 day moving average of $28.39. State Street Blackstone High Income ETF has a 12 month low of $26.86 and a 12 month high of $28.69.

State Street Blackstone High Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1486 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Monday, March 2nd.

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.