Strategic Blueprint LLC Raises Position in BNY Mellon High Yield ETF $BKHY

Strategic Blueprint LLC lifted its stake in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 19.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,830 shares of the company’s stock after buying an additional 1,250 shares during the quarter. Strategic Blueprint LLC’s holdings in BNY Mellon High Yield ETF were worth $378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of BKHY. Crux Wealth Advisors increased its stake in shares of BNY Mellon High Yield ETF by 141.5% during the 2nd quarter. Crux Wealth Advisors now owns 45,956 shares of the company’s stock worth $2,219,000 after purchasing an additional 26,929 shares during the last quarter. LPL Financial LLC increased its stake in shares of BNY Mellon High Yield ETF by 10.4% during the 1st quarter. LPL Financial LLC now owns 102,586 shares of the company’s stock worth $4,886,000 after purchasing an additional 9,641 shares during the last quarter. Heritage Oak Wealth Advisors LLC increased its stake in shares of BNY Mellon High Yield ETF by 16.6% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 60,132 shares of the company’s stock worth $2,903,000 after purchasing an additional 8,565 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of BNY Mellon High Yield ETF during the 1st quarter worth approximately $388,000. Finally, MGO One Seven LLC purchased a new stake in shares of BNY Mellon High Yield ETF during the 2nd quarter worth approximately $277,000.

BNY Mellon High Yield ETF Stock Performance

Shares of BKHY stock opened at $48.60 on Monday. BNY Mellon High Yield ETF has a 12-month low of $42.33 and a 12-month high of $48.92. The company has a 50 day moving average of $48.47 and a 200-day moving average of $47.93.

BNY Mellon High Yield ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2989 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 7.4%. This is a positive change from BNY Mellon High Yield ETF’s previous monthly dividend of $0.27.

About BNY Mellon High Yield 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.