JPMorgan Chase & Co. Invests $140,000 in SPDR Blackstone High Income ETF (BATS:HYBL)

JPMorgan Chase & Co. purchased a new stake in SPDR Blackstone High Income ETF (BATS:HYBL) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 4,880 shares of the company’s stock, valued at approximately $140,000.

Several other institutional investors have also recently added to or reduced their stakes in HYBL. Virtu Financial LLC bought a new stake in shares of SPDR Blackstone High Income ETF in the 3rd quarter worth about $4,725,000. ORBA Wealth Advisors L.L.C. acquired a new position in SPDR Blackstone High Income ETF in the third quarter worth about $2,615,000. Sharkey Howes & Javer bought a new stake in SPDR Blackstone High Income ETF in the third quarter valued at about $1,540,000. CWM LLC raised its stake in SPDR Blackstone High Income ETF by 325.8% during the third quarter. CWM LLC now owns 66,344 shares of the company’s stock valued at $1,904,000 after buying an additional 50,762 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in SPDR Blackstone High Income ETF by 49.5% during the 3rd quarter. Raymond James & Associates now owns 102,763 shares of the company’s stock worth $2,950,000 after buying an additional 34,029 shares during the last quarter.

SPDR Blackstone High Income ETF Stock Up 0.9 %

Shares of HYBL opened at $28.63 on Friday. The business has a 50 day moving average price of $28.51 and a 200 day moving average price of $28.46.

SPDR Blackstone High Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a $0.1762 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

SPDR 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.