JPMorgan Chase & Co. Purchases 89,294 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

JPMorgan Chase & Co. grew its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 472.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,209 shares of the company’s stock after purchasing an additional 89,294 shares during the quarter. JPMorgan Chase & Co. owned about 1.88% of BNY Mellon High Yield Beta ETF worth $5,286,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. First Horizon Advisors Inc. grew its holdings in BNY Mellon High Yield Beta ETF by 62.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 613 shares of the company’s stock valued at $30,000 after buying an additional 235 shares in the last quarter. Sunbelt Securities Inc. raised its position in BNY Mellon High Yield Beta ETF by 21.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 5,191 shares of the company’s stock worth $245,000 after purchasing an additional 914 shares during the period. TFB Advisors LLC bought a new stake in shares of BNY Mellon High Yield Beta ETF in the 3rd quarter valued at about $245,000. Arkadios Wealth Advisors bought a new stake in BNY Mellon High Yield Beta ETF in the third quarter valued at approximately $252,000. Finally, Legacy Capital Group California Inc. raised its holdings in 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 buying an additional 5,699 shares during the last quarter.

BNY Mellon High Yield Beta ETF Stock Up 0.1 %

BKHY opened at $48.04 on Friday. The business has a 50 day simple moving average of $48.15 and a two-hundred day simple moving average of $48.10. BNY Mellon High Yield Beta ETF has a one year low of $46.19 and a one year high of $48.99.

BNY Mellon High Yield Beta ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders 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 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.