ShoreHaven Wealth Partners LLC Acquires 38,641 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

ShoreHaven Wealth Partners LLC grew its holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 250.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 54,095 shares of the company’s stock after purchasing an additional 38,641 shares during the period. BNY Mellon High Yield Beta ETF makes up about 1.3% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 19th biggest position. ShoreHaven Wealth Partners LLC owned about 0.94% of BNY Mellon High Yield Beta ETF worth $2,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Arkadios Wealth Advisors bought a new position in shares of BNY Mellon High Yield Beta ETF in the 3rd quarter valued at $252,000. Legacy Capital Group California Inc. boosted its holdings in shares of BNY Mellon High Yield Beta ETF by 73.3% during the 3rd quarter. Legacy Capital Group California Inc. now owns 13,475 shares of the company’s stock valued at $658,000 after acquiring an additional 5,699 shares in the last quarter. New Century Financial Group LLC acquired a new stake in shares of BNY Mellon High Yield Beta ETF during the 3rd quarter valued at $855,000. RPOA Advisors Inc. boosted its holdings in shares of BNY Mellon High Yield Beta ETF by 1.0% during the 3rd quarter. RPOA Advisors Inc. now owns 4,612,873 shares of the company’s stock valued at $225,339,000 after acquiring an additional 45,813 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC acquired a new stake in shares of BNY Mellon High Yield Beta ETF during the 2nd quarter valued at $1,687,000.

BNY Mellon High Yield Beta ETF Price Performance

NYSEARCA BKHY opened at $48.26 on Friday. BNY Mellon High Yield Beta ETF has a twelve month low of $44.35 and a twelve month high of $48.99. The business’s fifty day moving average is $48.41 and its 200 day moving average is $47.65.

BNY Mellon High Yield Beta ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.3081 per share. This is an increase from BNY Mellon High Yield Beta ETF’s previous dividend of $0.27. The ex-dividend date was Thursday, August 1st.

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.