Envestnet Asset Management Inc. Lowers Stock Position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Envestnet Asset Management Inc. cut its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,193 shares of the company’s stock after selling 11,865 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $11,598,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. RPOA Advisors Inc. grew its stake in shares of BNY Mellon High Yield Beta ETF by 6.2% in the 4th quarter. RPOA Advisors Inc. now owns 4,901,160 shares of the company’s stock worth $233,736,000 after buying an additional 288,287 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of BNY Mellon High Yield Beta ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 108,209 shares of the company’s stock valued at $5,286,000 after acquiring an additional 89,294 shares in the last quarter. Heritage Oak Wealth Advisors LLC bought a new stake in BNY Mellon High Yield Beta ETF during the 4th quarter valued at $2,332,000. World Equity Group Inc. lifted its position in shares of BNY Mellon High Yield Beta ETF by 765.8% during the fourth quarter. World Equity Group Inc. now owns 38,145 shares of the company’s stock valued at $1,819,000 after buying an additional 33,739 shares during the last quarter. Finally, Sellwood Investment Partners LLC purchased a new position in BNY Mellon High Yield Beta ETF in the fourth quarter worth $834,000.

BNY Mellon High Yield Beta ETF Trading Up 0.6 %

BNY Mellon High Yield Beta ETF stock opened at $46.85 on Friday. BNY Mellon High Yield Beta ETF has a one year low of $42.33 and a one year high of $48.99. The stock has a 50-day moving average of $47.53 and a two-hundred day moving average of $47.97.

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.