Freedom Investment Management Inc. cut its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY – Free Report) by 23.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,527 shares of the company’s stock after selling 3,918 shares during the period. Freedom Investment Management Inc. owned 0.22% of BNY Mellon High Yield Beta ETF worth $597,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of BKHY. TFB Advisors LLC lifted 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 acquiring an additional 516 shares during the period. Arkadios Wealth Advisors lifted its holdings in shares of BNY Mellon High Yield Beta ETF by 12.7% during the fourth 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. Symphony Financial Ltd. Co. purchased a new position in BNY Mellon High Yield Beta ETF in the 4th quarter valued at $315,000. Geneos Wealth Management Inc. increased its stake in 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 period. Finally, Atria Investments Inc raised its position 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 buying an additional 1,662 shares during the last quarter.
BNY Mellon High Yield Beta ETF Stock Up 0.6 %
Shares of BKHY stock opened at $46.85 on Monday. BNY Mellon High Yield Beta ETF has a 1-year low of $42.33 and a 1-year high of $48.99. The business’s fifty day moving average price is $47.50 and its 200 day moving average price is $47.95.
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.
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