First Horizon Advisors Inc. Purchases 235 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

First Horizon Advisors Inc. lifted its holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 62.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 613 shares of the company’s stock after acquiring an additional 235 shares during the period. First Horizon Advisors Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Blueprint LLC grew its stake in BNY Mellon High Yield Beta ETF by 7.0% during the second quarter. Strategic Blueprint LLC now owns 7,782 shares of the company’s stock worth $367,000 after purchasing an additional 511 shares during the period. Sunbelt Securities Inc. grew its position in shares of BNY Mellon High Yield Beta ETF by 21.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,191 shares of the company’s stock worth $245,000 after buying an additional 914 shares during the period. Jane Street Group LLC grew its position in shares of 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 worth $3,885,000 after buying an additional 1,046 shares during the period. Concurrent Investment Advisors LLC bought a new stake in shares of BNY Mellon High Yield Beta ETF in the 2nd quarter valued at $213,000. Finally, World Equity Group Inc. acquired a new position in shares of BNY Mellon High Yield Beta ETF during the 2nd quarter valued at $226,000.

BNY Mellon High Yield Beta ETF Stock Performance

NYSEARCA:BKHY opened at $48.49 on Tuesday. BNY Mellon High Yield Beta ETF has a 12 month low of $45.87 and a 12 month high of $48.99. The firm has a fifty day simple moving average of $48.40 and a two-hundred day simple moving average of $47.87.

BNY Mellon High Yield Beta ETF Cuts Dividend

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

BNY Mellon High Yield Beta 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.