Bank of New York Mellon Corp Has $10.05 Million Position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Bank of New York Mellon Corp increased its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 81.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 212,141 shares of the company’s stock after acquiring an additional 95,233 shares during the quarter. Bank of New York Mellon Corp owned about 3.21% of BNY Mellon High Yield Beta ETF worth $10,049,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. IFP Advisors Inc acquired a new position in shares of BNY Mellon High Yield Beta ETF during the 4th quarter worth approximately $31,000. Bank of America Corp DE boosted its stake in BNY Mellon High Yield Beta ETF by 146.3% in the 1st quarter. Bank of America Corp DE now owns 1,510 shares of the company’s stock valued at $79,000 after purchasing an additional 897 shares during the period. Banque Cantonale Vaudoise bought a new stake in BNY Mellon High Yield Beta ETF in the 1st quarter valued at $46,000. Integrated Wealth Concepts LLC boosted its stake in BNY Mellon High Yield Beta ETF by 15.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 86,985 shares of the company’s stock valued at $4,120,000 after purchasing an additional 11,541 shares during the period. Finally, Jane Street Group LLC boosted its stake in BNY Mellon High Yield Beta ETF by 108.0% in the 1st quarter. Jane Street Group LLC now owns 65,613 shares of the company’s stock valued at $3,416,000 after purchasing an additional 34,062 shares during the period.

BNY Mellon High Yield Beta ETF Stock Performance

BKHY opened at $46.20 on Friday. The business has a fifty day simple moving average of $46.21 and a 200 day simple moving average of $46.38. BNY Mellon High Yield Beta ETF has a 1 year low of $44.16 and a 1 year high of $48.73.

BNY Mellon High Yield Beta ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, July 10th. Stockholders of record on Wednesday, July 5th were given a dividend of $0.2762 per share. The ex-dividend date of this dividend was Monday, July 3rd.

BNY Mellon High Yield Beta ETF Company Profile

The BNY Mellon High Yield Beta ETF (BKHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated high yield corporate bonds with broad maturities. BKHY was launched on Apr 24, 2020 and is managed by BNY Mellon.