BNY Mellon High Yield ETF $BKHY Shares Sold by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC lessened its holdings in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 11.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 89,941 shares of the company’s stock after selling 11,127 shares during the quarter. BNY Mellon High Yield ETF makes up approximately 1.2% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 24th biggest holding. ShoreHaven Wealth Partners LLC owned about 2.57% of BNY Mellon High Yield ETF worth $4,123,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Bank of New York Mellon Corp raised its stake in shares of BNY Mellon High Yield ETF by 5.7% during the first quarter. Bank of New York Mellon Corp now owns 604,705 shares of the company’s stock worth $28,669,000 after buying an additional 32,400 shares during the last quarter. Assetmark Inc. boosted its stake in BNY Mellon High Yield ETF by 1.2% in the first quarter. Assetmark Inc. now owns 220,382 shares of the company’s stock valued at $10,448,000 after acquiring an additional 2,630 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in BNY Mellon High Yield ETF by 9.2% in the second quarter. Envestnet Asset Management Inc. now owns 99,254 shares of the company’s stock valued at $4,725,000 after acquiring an additional 8,339 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in BNY Mellon High Yield ETF by 3.2% in the second quarter. Integrated Wealth Concepts LLC now owns 66,128 shares of the company’s stock valued at $3,148,000 after acquiring an additional 2,063 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in BNY Mellon High Yield ETF by 5.1% in the first quarter. Cetera Investment Advisers now owns 55,680 shares of the company’s stock valued at $2,640,000 after acquiring an additional 2,722 shares during the last quarter.

BNY Mellon High Yield ETF Stock Down 0.4%

BKHY opened at $45.54 on Friday. The company has a fifty day moving average price of $46.62 and a two-hundred day moving average price of $47.17. BNY Mellon High Yield ETF has a 52 week low of $45.29 and a 52 week high of $48.73.

BNY Mellon High Yield ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2825 dividend. This is an increase from BNY Mellon High Yield ETF’s previous monthly dividend of $0.2569. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 7.4%.

BNY Mellon High Yield 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.