Assetmark Inc. Acquires 172,771 Shares of BNY Mellon High Yield ETF $BKHY

Assetmark Inc. raised its holdings in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 80.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 387,420 shares of the company’s stock after buying an additional 172,771 shares during the quarter. Assetmark Inc. owned 4.64% of BNY Mellon High Yield ETF worth $18,868,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BKHY. Symphony Financial Ltd. Co. increased its stake in shares of BNY Mellon High Yield ETF by 3.3% in the 3rd quarter. Symphony Financial Ltd. Co. now owns 11,497 shares of the company’s stock valued at $559,000 after acquiring an additional 372 shares in the last quarter. ShoreHaven Wealth Partners LLC grew its holdings in BNY Mellon High Yield ETF by 1.0% in the third quarter. ShoreHaven Wealth Partners LLC now owns 55,691 shares of the company’s stock worth $2,712,000 after purchasing an additional 557 shares during the period. TFB Advisors LLC raised its holdings in shares of BNY Mellon High Yield ETF by 19.5% during the third quarter. TFB Advisors LLC now owns 7,381 shares of the company’s stock valued at $356,000 after purchasing an additional 1,207 shares during the period. Strategic Blueprint LLC boosted its position in shares of BNY Mellon High Yield ETF by 19.0% during the 2nd quarter. Strategic Blueprint LLC now owns 7,830 shares of the company’s stock worth $378,000 after purchasing an additional 1,250 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of BNY Mellon High Yield ETF by 26.9% during the 2nd quarter. Arkadios Wealth Advisors now owns 7,663 shares of the company’s stock worth $370,000 after purchasing an additional 1,623 shares in the last quarter.

BNY Mellon High Yield ETF Stock Up 0.1%

Shares of BNY Mellon High Yield ETF stock opened at $48.24 on Friday. BNY Mellon High Yield ETF has a one year low of $42.33 and a one year high of $48.89. The business has a 50-day simple moving average of $48.27 and a 200 day simple moving average of $48.33.

BNY Mellon High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.2633 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend was Monday, February 2nd.

BNY Mellon High Yield ETF 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.