Geneos Wealth Management Inc. Acquires 698 Shares of BNY Mellon High Yield ETF $BKHY

Geneos Wealth Management Inc. boosted its position in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 10.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,604 shares of the company’s stock after acquiring an additional 698 shares during the period. Geneos Wealth Management Inc. owned 0.16% of BNY Mellon High Yield ETF worth $362,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of BKHY. LPL Financial LLC grew its stake in BNY Mellon High Yield ETF by 10.4% during the first quarter. LPL Financial LLC now owns 102,586 shares of the company’s stock valued at $4,886,000 after acquiring an additional 9,641 shares in the last quarter. OLD Mission Capital LLC purchased a new position in BNY Mellon High Yield ETF during the first quarter valued at approximately $388,000. Heritage Oak Wealth Advisors LLC grew its stake in 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 acquiring an additional 2,663 shares in the last quarter. Bank of New York Mellon Corp grew its stake in BNY Mellon High Yield ETF by 0.4% during the first quarter. Bank of New York Mellon Corp now owns 429,216 shares of the company’s stock valued at $20,443,000 after acquiring an additional 1,566 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in BNY Mellon High Yield ETF by 14.6% during the first quarter. IFP Advisors Inc now owns 7,371 shares of the company’s stock valued at $351,000 after acquiring an additional 938 shares in the last quarter.

BNY Mellon High Yield ETF Stock Up 0.0%

Shares of NYSEARCA:BKHY opened at $48.60 on Monday. The company has a 50 day moving average of $48.21 and a 200 day moving average of $47.71. BNY Mellon High Yield ETF has a 12 month low of $42.33 and a 12 month high of $48.99.

BNY Mellon High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were paid a $0.274 dividend. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.