Concord Wealth Partners Invests $15.39 Million in SPDR Blackstone High Income ETF (BATS:HYBL)

Concord Wealth Partners bought a new stake in SPDR Blackstone High Income ETF (BATS:HYBL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 542,448 shares of the company’s stock, valued at approximately $15,387,000. SPDR Blackstone High Income ETF comprises about 2.5% of Concord Wealth Partners’ investment portfolio, making the stock its 8th largest position. Concord Wealth Partners owned about 9.95% of SPDR Blackstone High Income ETF at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Fairman Group LLC purchased a new stake in SPDR Blackstone High Income ETF during the 3rd quarter worth about $101,000. International Assets Investment Management LLC raised its position in shares of SPDR Blackstone High Income ETF by 1,813.8% during the 3rd quarter. International Assets Investment Management LLC now owns 4,019 shares of the company’s stock worth $115,000 after acquiring an additional 3,809 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of SPDR Blackstone High Income ETF during the 3rd quarter worth about $140,000. BluePath Capital Management LLC lifted its stake in SPDR Blackstone High Income ETF by 18.8% during the third quarter. BluePath Capital Management LLC now owns 10,267 shares of the company’s stock worth $295,000 after purchasing an additional 1,622 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in SPDR Blackstone High Income ETF in the second quarter valued at approximately $415,000.

SPDR Blackstone High Income ETF Stock Up 0.9 %

Shares of BATS:HYBL opened at $28.63 on Friday. The business’s fifty day moving average is $28.51 and its 200 day moving average is $28.46.

About SPDR 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.