Cetera Investment Advisers Cuts Stock Position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Cetera Investment Advisers lessened its position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,324 shares of the company’s stock after selling 10,074 shares during the quarter. Cetera Investment Advisers owned approximately 2.28% of BNY Mellon High Yield Beta ETF worth $6,263,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BKHY. HighTower Advisors LLC increased its holdings in BNY Mellon High Yield Beta ETF by 0.8% during the 4th quarter. HighTower Advisors LLC now owns 40,737 shares of the company’s stock worth $1,943,000 after purchasing an additional 314 shares during the period. TFB Advisors LLC increased its holdings 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 period. Arkadios Wealth Advisors increased 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 purchasing an additional 655 shares during the period. Atria Investments Inc increased its holdings in BNY Mellon High Yield Beta ETF by 25.8% during the 4th quarter. Atria Investments Inc now owns 8,104 shares of the company’s stock worth $386,000 after purchasing an additional 1,662 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in BNY Mellon High Yield Beta ETF by 71.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 6,906 shares of the company’s stock worth $329,000 after purchasing an additional 2,879 shares during the period.

BNY Mellon High Yield Beta ETF Stock Performance

Shares of NYSEARCA BKHY opened at $47.66 on Wednesday. The stock’s 50-day moving average is $47.15 and its two-hundred day moving average is $47.82. BNY Mellon High Yield Beta ETF has a 1-year low of $42.33 and a 1-year high of $48.99.

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.