ShoreHaven Wealth Partners LLC Buys 10,785 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

ShoreHaven Wealth Partners LLC raised its stake in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 19.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,880 shares of the company’s stock after acquiring an additional 10,785 shares during the period. BNY Mellon High Yield Beta ETF comprises approximately 1.5% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 18th largest holding. ShoreHaven Wealth Partners LLC owned 1.13% of BNY Mellon High Yield Beta ETF worth $3,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of BKHY. First Horizon Advisors Inc. boosted its stake in shares of BNY Mellon High Yield Beta ETF by 62.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 613 shares of the company’s stock worth $30,000 after buying an additional 235 shares during the last quarter. TFB Advisors LLC bought a new stake in BNY Mellon High Yield Beta ETF during the third quarter worth $245,000. Arkadios Wealth Advisors purchased a new position in BNY Mellon High Yield Beta ETF in the third quarter worth $252,000. Symphony Financial Ltd. Co. bought a new position in BNY Mellon High Yield Beta ETF in the 4th quarter valued at $315,000. Finally, Geneos Wealth Management Inc. grew its stake in BNY Mellon High Yield Beta ETF by 71.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 6,906 shares of the company’s stock valued at $329,000 after purchasing an additional 2,879 shares during the period.

BNY Mellon High Yield Beta ETF Trading Up 0.3 %

NYSEARCA BKHY opened at $48.16 on Friday. The business’s fifty day moving average is $48.07 and its 200-day moving average is $48.19. 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 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.