BNY Mellon High Yield ETF $BKHY Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 5.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 604,705 shares of the company’s stock after buying an additional 32,400 shares during the quarter. Bank of New York Mellon Corp owned about 19.51% of BNY Mellon High Yield ETF worth $28,669,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKHY. JPMorgan Chase & Co. grew its holdings in shares of BNY Mellon High Yield ETF by 68.6% in the second quarter. JPMorgan Chase & Co. now owns 99,034 shares of the company’s stock valued at $4,782,000 after purchasing an additional 40,297 shares during the period. Raymond James Financial Inc. increased its holdings in shares of BNY Mellon High Yield ETF by 303.7% during the 2nd quarter. Raymond James Financial Inc. now owns 35,612 shares of the company’s stock worth $1,720,000 after buying an additional 26,791 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of BNY Mellon High Yield ETF during the 2nd quarter worth approximately $4,542,000. Captrust Financial Advisors purchased a new stake in shares of BNY Mellon High Yield ETF during the 2nd quarter valued at approximately $251,000. Finally, Osaic Holdings Inc. raised its position in shares of BNY Mellon High Yield ETF by 1,273.5% during the 2nd quarter. Osaic Holdings Inc. now owns 20,726 shares of the company’s stock valued at $988,000 after buying an additional 19,217 shares during the period.

BNY Mellon High Yield ETF Trading Down 0.1%

Shares of BNY Mellon High Yield ETF stock opened at $47.09 on Tuesday. The stock has a 50 day moving average of $47.44 and a 200 day moving average of $47.69. BNY Mellon High Yield ETF has a fifty-two week low of $46.84 and a fifty-two week high of $48.89.

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.