Bank of New York Mellon Corp Raises Stock Position in BNY Mellon High Yield ETF $BKHY

Bank of New York Mellon Corp boosted its holdings 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 filing with the Securities & Exchange Commission. 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 0.20% of BNY Mellon High Yield ETF worth $28,669,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BKHY. Global View Capital Management LLC lifted its holdings in BNY Mellon High Yield ETF by 2.3% during the 4th quarter. Global View Capital Management LLC now owns 11,195 shares of the company’s stock worth $538,000 after buying an additional 252 shares during the last quarter. Beacon Capital Management Inc. grew its holdings in shares of BNY Mellon High Yield ETF by 308.5% during the fourth quarter. Beacon Capital Management Inc. now owns 719 shares of the company’s stock worth $35,000 after purchasing an additional 543 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of BNY Mellon High Yield ETF during the fourth quarter worth about $39,000. Aptus Capital Advisors LLC acquired a new stake in shares of BNY Mellon High Yield ETF during the third quarter worth about $41,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of BNY Mellon High Yield ETF by 1.4% during the third quarter. Integrated Wealth Concepts LLC now owns 72,626 shares of the company’s stock worth $3,537,000 after purchasing an additional 1,022 shares in the last quarter.

BNY Mellon High Yield ETF Price Performance

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

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.