New Century Financial Group LLC cut its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY – Free Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,067 shares of the company’s stock after selling 434 shares during the period. New Century Financial Group LLC’s holdings in BNY Mellon High Yield Beta ETF were worth $818,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its stake in BNY Mellon High Yield Beta ETF by 12.7% in the 4th quarter. Arkadios Wealth Advisors now owns 5,813 shares of the company’s stock worth $277,000 after purchasing an additional 655 shares in the last quarter. RPOA Advisors Inc. boosted 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 worth $233,736,000 after buying an additional 288,287 shares during the period. JPMorgan Chase & Co. increased its position in shares of BNY Mellon High Yield Beta ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 108,209 shares of the company’s stock worth $5,286,000 after acquiring an additional 89,294 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in shares of BNY Mellon High Yield Beta ETF by 63.2% during the third quarter. Sunbelt Securities Inc. now owns 8,474 shares of the company’s stock valued at $414,000 after acquiring an additional 3,283 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of BNY Mellon High Yield Beta ETF by 57.0% during the third quarter. Integrated Wealth Concepts LLC now owns 58,088 shares of the company’s stock valued at $2,838,000 after acquiring an additional 21,096 shares during the period.
BNY Mellon High Yield Beta ETF Stock Up 0.1 %
BNY Mellon High Yield Beta ETF stock 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 company 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
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.
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