JPMorgan Chase & Co. Has $2.72 Million Holdings in BNY Mellon High Yield ETF $BKHY

JPMorgan Chase & Co. cut its holdings in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 43.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,772 shares of the company’s stock after selling 43,262 shares during the period. JPMorgan Chase & Co. owned approximately 0.67% of BNY Mellon High Yield ETF worth $2,716,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BKHY. Integrated Wealth Concepts LLC lifted its position in shares of BNY Mellon High Yield ETF by 1.4% in the third quarter. Integrated Wealth Concepts LLC now owns 72,626 shares of the company’s stock worth $3,537,000 after buying an additional 1,022 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of BNY Mellon High Yield ETF by 22.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 12,866 shares of the company’s stock valued at $627,000 after acquiring an additional 2,397 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of BNY Mellon High Yield ETF by 38.4% during the 3rd quarter. Raymond James Financial Inc. now owns 49,303 shares of the company’s stock valued at $2,401,000 after acquiring an additional 13,691 shares during the last quarter. Crux Wealth Advisors raised its stake in shares of BNY Mellon High Yield ETF by 7.5% in the 3rd quarter. Crux Wealth Advisors now owns 49,403 shares of the company’s stock valued at $2,406,000 after acquiring an additional 3,447 shares in the last quarter. Finally, Aptus Capital Advisors LLC bought a new position in shares of BNY Mellon High Yield ETF in the 3rd quarter valued at approximately $41,000.

BNY Mellon High Yield ETF Stock Performance

BKHY opened at $47.18 on Monday. The business has a 50 day moving average price of $47.82 and a 200 day moving average price of $48.15. BNY Mellon High Yield ETF has a twelve month low of $42.33 and a twelve month high of $48.89.

BNY Mellon High Yield ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.2449 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Monday, March 2nd.

About BNY Mellon High Yield ETF

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.