World Equity Group Inc. Trims Stake in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

World Equity Group Inc. reduced its holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 8.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,406 shares of the company’s stock after selling 393 shares during the quarter. World Equity Group Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Strategic Blueprint LLC boosted its position in BNY Mellon High Yield Beta ETF by 7.0% during the 2nd quarter. Strategic Blueprint LLC now owns 7,782 shares of the company’s stock valued at $367,000 after buying an additional 511 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of BNY Mellon High Yield Beta ETF by 21.4% during the second quarter. Sunbelt Securities Inc. now owns 5,191 shares of the company’s stock valued at $245,000 after acquiring an additional 914 shares in the last quarter. Jane Street Group LLC increased its position in BNY Mellon High Yield Beta ETF by 1.3% during the 1st quarter. Jane Street Group LLC now owns 81,511 shares of the company’s stock valued at $3,885,000 after purchasing an additional 1,046 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in BNY Mellon High Yield Beta ETF by 15.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,675 shares of the company’s stock worth $938,000 after purchasing an additional 2,636 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of BNY Mellon High Yield Beta ETF by 180.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,560 shares of the company’s stock worth $217,000 after purchasing an additional 2,935 shares during the period.

BNY Mellon High Yield Beta ETF Stock Up 0.1 %

BNY Mellon High Yield Beta ETF stock opened at $47.90 on Tuesday. BNY Mellon High Yield Beta ETF has a fifty-two week low of $45.20 and a fifty-two week high of $48.99. The stock’s 50 day simple moving average is $48.41 and its two-hundred day simple moving average is $47.71.

BNY Mellon High Yield Beta ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a $0.2948 dividend. The ex-dividend date of this dividend is Friday, November 1st.

BNY Mellon High Yield Beta ETF Company 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.