Assetmark Inc. Purchases 15,204 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Assetmark Inc. boosted its position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,964 shares of the company’s stock after purchasing an additional 15,204 shares during the period. Assetmark Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $9,584,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BKHY. First Horizon Advisors Inc. lifted its holdings in shares of BNY Mellon High Yield Beta ETF by 62.2% during the third quarter. First Horizon Advisors Inc. now owns 613 shares of the company’s stock worth $30,000 after purchasing an additional 235 shares during the period. TFB Advisors LLC raised its position in BNY Mellon High Yield Beta ETF by 10.3% during the 4th quarter. TFB Advisors LLC now owns 5,530 shares of the company’s stock worth $264,000 after purchasing an additional 516 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in BNY Mellon High Yield Beta ETF by 12.7% during the 4th quarter. Arkadios Wealth Advisors now owns 5,813 shares of the company’s stock worth $277,000 after buying an additional 655 shares during the period. Geneos Wealth Management Inc. grew its position in shares of BNY Mellon High Yield Beta ETF by 71.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 6,906 shares of the company’s stock valued at $329,000 after buying an additional 2,879 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of BNY Mellon High Yield Beta ETF by 63.2% in the third quarter. Sunbelt Securities Inc. now owns 8,474 shares of the company’s stock valued at $414,000 after buying an additional 3,283 shares during the period.

BNY Mellon High Yield Beta ETF Stock Performance

Shares of BKHY opened at $48.01 on Friday. The business has a 50-day moving average of $48.09 and a 200-day moving average of $48.26. BNY Mellon High Yield Beta ETF has a 1 year low of $46.19 and a 1 year high of $48.99.

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.