BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its stake in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 12.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,813 shares of the company’s stock after acquiring an additional 655 shares during the period. Arkadios Wealth Advisors’ holdings in BNY Mellon High Yield Beta ETF were worth $277,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BKHY. RPOA Advisors Inc. increased its holdings in shares of BNY Mellon High Yield Beta ETF by 6.2% in the fourth quarter. RPOA Advisors Inc. now owns 4,901,160 shares of the company’s stock valued at $233,736,000 after purchasing an additional 288,287 shares during the period. JPMorgan Chase & Co. raised its position in BNY Mellon High Yield Beta ETF by 472.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 108,209 shares of the company’s stock worth $5,286,000 after buying an additional 89,294 shares during the last quarter. Sunbelt Securities Inc. raised its position in BNY Mellon High Yield Beta ETF by 63.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 8,474 shares of the company’s stock worth $414,000 after buying an additional 3,283 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of BNY Mellon High Yield Beta ETF by 57.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 58,088 shares of the company’s stock worth $2,838,000 after acquiring an additional 21,096 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of BNY Mellon High Yield Beta ETF by 82.4% in the third quarter. HighTower Advisors LLC now owns 40,423 shares of the company’s stock valued at $1,975,000 after acquiring an additional 18,258 shares in the last quarter.

BNY Mellon High Yield Beta ETF Price Performance

NYSEARCA BKHY opened at $48.26 on Friday. BNY Mellon High Yield Beta ETF has a 52-week low of $46.19 and a 52-week high of $48.99. The firm has a 50-day moving average price of $48.13 and a 200 day moving average price of $48.14.

BNY Mellon High Yield Beta ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.2948 per share. The ex-dividend date of this dividend was Friday, November 1st.

About BNY Mellon High Yield Beta 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.