Bank of New York Mellon Corp Buys 1,566 Shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY)

Bank of New York Mellon Corp increased its position in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 0.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 429,216 shares of the company’s stock after buying an additional 1,566 shares during the period. Bank of New York Mellon Corp owned 10.60% of BNY Mellon High Yield ETF worth $20,443,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BKHY. LPL Financial LLC lifted its holdings in shares of BNY Mellon High Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 92,945 shares of the company’s stock worth $4,433,000 after acquiring an additional 4,697 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of BNY Mellon High Yield ETF by 34.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 78,213 shares of the company’s stock valued at $3,730,000 after acquiring an additional 20,125 shares during the last quarter. Heritage Oak Wealth Advisors LLC increased its position in shares of BNY Mellon High Yield ETF by 5.4% during the first quarter. Heritage Oak Wealth Advisors LLC now owns 51,567 shares of the company’s stock valued at $2,456,000 after buying an additional 2,663 shares during the period. HighTower Advisors LLC increased its position in shares of BNY Mellon High Yield ETF by 0.8% during the fourth quarter. HighTower Advisors LLC now owns 40,737 shares of the company’s stock valued at $1,943,000 after buying an additional 314 shares during the period. Finally, Sellwood Investment Partners LLC purchased a new position in shares of BNY Mellon High Yield ETF during the fourth quarter valued at about $834,000.

BNY Mellon High Yield ETF Stock Performance

Shares of BKHY opened at $47.99 on Friday. The firm’s 50-day simple moving average is $47.76 and its two-hundred day simple moving average is $47.67. BNY Mellon High Yield ETF has a fifty-two week low of $42.33 and a fifty-two week high of $48.99.

BNY Mellon High Yield 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.