BNY Mellon High Yield ETF $BKHY Shares Acquired by RPOA Advisors Inc.

RPOA Advisors Inc. grew its position in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,930,541 shares of the company’s stock after buying an additional 264,798 shares during the quarter. BNY Mellon High Yield ETF accounts for 6.0% of RPOA Advisors Inc.’s holdings, making the stock its 5th largest holding. RPOA Advisors Inc. owned approximately 62.02% of BNY Mellon High Yield ETF worth $237,011,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BKHY. Assetmark Inc. grew its stake in BNY Mellon High Yield ETF by 80.5% during the 3rd quarter. Assetmark Inc. now owns 387,420 shares of the company’s stock worth $18,868,000 after purchasing an additional 172,771 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in BNY Mellon High Yield ETF by 19.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 147,391 shares of the company’s stock worth $7,178,000 after purchasing an additional 24,265 shares in the last quarter. JPMorgan Chase & Co. grew its stake in BNY Mellon High Yield ETF by 68.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 99,034 shares of the company’s stock worth $4,782,000 after purchasing an additional 40,297 shares in the last quarter. Jane Street Group LLC acquired a new position in BNY Mellon High Yield ETF during the 2nd quarter worth $4,542,000. Finally, Integrated Wealth Concepts LLC grew its stake in BNY Mellon High Yield ETF by 1.4% during the 3rd 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

BKHY opened at $47.51 on Friday. BNY Mellon High Yield ETF has a 12 month low of $46.84 and a 12 month high of $48.89. The business has a fifty day moving average price of $47.47 and a 200 day moving average price of $47.95.

BNY Mellon High Yield ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2449 per share. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Monday, March 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.