Atria Wealth Solutions Inc. Invests $666,000 in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Atria Wealth Solutions Inc. bought a new position in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 14,010 shares of the company’s stock, valued at approximately $666,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC acquired a new stake in shares of BNY Mellon High Yield Beta ETF during the fourth quarter worth approximately $42,000. Family Investment Center Inc. bought a new stake in BNY Mellon High Yield Beta ETF during the 4th quarter worth approximately $207,000. Strategic Blueprint LLC bought a new stake in BNY Mellon High Yield Beta ETF during the 4th quarter worth approximately $297,000. Fulcrum Equity Management acquired a new stake in BNY Mellon High Yield Beta ETF during the 4th quarter valued at $611,000. Finally, CoreCap Advisors LLC bought a new position in BNY Mellon High Yield Beta ETF in the 4th quarter valued at $1,455,000.

BNY Mellon High Yield Beta ETF Stock Performance

Shares of BKHY stock opened at $47.09 on Friday. BNY Mellon High Yield Beta ETF has a 52 week low of $44.04 and a 52 week high of $48.51. The stock’s fifty day moving average is $47.15 and its 200-day moving average is $46.76.

BNY Mellon High Yield Beta ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3021 per share. This is an increase from BNY Mellon High Yield Beta ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

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.