BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) Shares Sold by New Century Financial Group LLC

New Century Financial Group LLC reduced its holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 2.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,067 shares of the company’s stock after selling 434 shares during the quarter. New Century Financial Group LLC owned 0.30% of BNY Mellon High Yield Beta ETF worth $818,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in BKHY. RPOA Advisors Inc. grew its stake in shares of BNY Mellon High Yield Beta ETF by 6.2% in the fourth quarter. RPOA Advisors Inc. now owns 4,901,160 shares of the company’s stock worth $233,736,000 after purchasing an additional 288,287 shares in the last quarter. JPMorgan Chase & Co. grew its position in BNY Mellon High Yield Beta ETF by 472.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 108,209 shares of the company’s stock valued at $5,286,000 after buying an additional 89,294 shares in the last quarter. ShoreHaven Wealth Partners LLC grew its position in BNY Mellon High Yield Beta ETF by 250.0% in the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 54,095 shares of the company’s stock valued at $2,643,000 after buying an additional 38,641 shares in the last quarter. Heritage Oak Wealth Advisors LLC bought a new stake in shares of BNY Mellon High Yield Beta ETF during the 2nd quarter worth about $1,687,000. Finally, Assetmark Inc. lifted its stake in shares of BNY Mellon High Yield Beta ETF by 14.4% in the 3rd quarter. Assetmark Inc. now owns 185,760 shares of the company’s stock worth $9,074,000 after acquiring an additional 23,353 shares during the period.

BNY Mellon High Yield Beta ETF Trading Up 0.1 %

NYSEARCA BKHY opened at $48.26 on Friday. BNY Mellon High Yield Beta ETF has a 12 month low of $46.19 and a 12 month high of $48.99. The company’s 50 day simple moving average is $48.13 and its 200 day simple moving average is $48.14.

BNY Mellon High Yield Beta ETF Cuts Dividend

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