BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 15.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 164,960 shares of the company’s stock after buying an additional 21,626 shares during the quarter. Envestnet Asset Management Inc. owned about 2.87% of BNY Mellon High Yield Beta ETF worth $7,781,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BKHY. Cetera Investment Advisers lifted its stake in shares of BNY Mellon High Yield Beta ETF by 34.7% during the 1st quarter. Cetera Investment Advisers now owns 77,261 shares of the company’s stock worth $3,682,000 after purchasing an additional 19,895 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of BNY Mellon High Yield Beta ETF by 33.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 26,189 shares of the company’s stock worth $1,235,000 after purchasing an additional 6,514 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of BNY Mellon High Yield Beta ETF by 33.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 21,802 shares of the company’s stock worth $1,028,000 after purchasing an additional 5,524 shares during the period. Jane Street Group LLC lifted its stake in shares of BNY Mellon High Yield Beta ETF by 1.3% during the 1st quarter. Jane Street Group LLC now owns 81,511 shares of the company’s stock worth $3,885,000 after purchasing an additional 1,046 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of BNY Mellon High Yield Beta ETF by 36.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 216,274 shares of the company’s stock worth $10,202,000 after purchasing an additional 58,148 shares during the period.

BNY Mellon High Yield Beta ETF Price Performance

Shares of BNY Mellon High Yield Beta ETF stock opened at $48.92 on Friday. BNY Mellon High Yield Beta ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.99. The business’s fifty day moving average is $48.13 and its two-hundred day moving average is $47.51.

BNY Mellon High Yield Beta ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a $0.3081 dividend. This is a positive change 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.