Luken Investment Analytics LLC Reduces Position in State Street Blackstone High Income ETF $HYBL

Luken Investment Analytics LLC trimmed its stake in State Street Blackstone High Income ETF (BATS:HYBL) by 9.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,160 shares of the company’s stock after selling 31,701 shares during the period. State Street Blackstone High Income ETF accounts for approximately 2.8% of Luken Investment Analytics LLC’s holdings, making the stock its 13th largest position. Luken Investment Analytics LLC owned about 2.11% of State Street Blackstone High Income ETF worth $8,278,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Western Wealth Management LLC purchased a new position in State Street Blackstone High Income ETF during the first quarter valued at $33,000. Farther Finance Advisors LLC purchased a new stake in State Street Blackstone High Income ETF in the fourth quarter worth about $35,000. Clearstead Trust LLC bought a new position in shares of State Street Blackstone High Income ETF in the second quarter worth about $38,000. Sound Income Strategies LLC raised its stake in shares of State Street Blackstone High Income ETF by 371.4% in the first quarter. Sound Income Strategies LLC now owns 1,650 shares of the company’s stock worth $46,000 after buying an additional 1,300 shares during the period. Finally, Waverly Advisors LLC purchased a new position in shares of State Street Blackstone High Income ETF during the 1st quarter valued at about $66,000.

State Street Blackstone High Income ETF Trading Down 0.6%

Shares of BATS:HYBL opened at $27.98 on Wednesday. The stock has a 50 day moving average of $27.95 and a 200 day moving average of $27.97. State Street Blackstone High Income ETF has a 12-month low of $27.60 and a 12-month high of $28.68.

State Street 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. HYBL was launched on Feb 17, 2022 and is managed by State Street.