Arkadios Wealth Advisors Buys New Holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Arkadios Wealth Advisors bought a new stake in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,158 shares of the company’s stock, valued at approximately $252,000. Arkadios Wealth Advisors owned 0.09% of BNY Mellon High Yield Beta ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Strategic Blueprint LLC grew its holdings in BNY Mellon High Yield Beta ETF by 7.0% during the 2nd quarter. Strategic Blueprint LLC now owns 7,782 shares of the company’s stock valued at $367,000 after buying an additional 511 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in BNY Mellon High Yield Beta ETF by 21.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,191 shares of the company’s stock valued at $245,000 after buying an additional 914 shares in the last quarter. Jane Street Group LLC grew its holdings in 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 valued at $3,885,000 after buying an additional 1,046 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in BNY Mellon High Yield Beta ETF by 15.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,675 shares of the company’s stock valued at $938,000 after buying an additional 2,636 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in BNY Mellon High Yield Beta ETF by 180.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,560 shares of the company’s stock valued at $217,000 after buying an additional 2,935 shares in the last quarter.

BNY Mellon High Yield Beta ETF Stock Performance

NYSEARCA BKHY opened at $48.16 on Friday. The business has a 50 day simple moving average of $48.42 and a two-hundred day simple moving average of $47.68. BNY Mellon High Yield Beta ETF has a 1-year low of $44.35 and a 1-year high of $48.99.

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.