BNY Mellon High Yield ETF $BKHY is RPOA Advisors Inc.’s 5th Largest Position

RPOA Advisors Inc. grew its holdings in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 5.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,930,541 shares of the company’s stock after buying an additional 264,798 shares during the period. BNY Mellon High Yield ETF accounts for about 6.0% of RPOA Advisors Inc.’s holdings, making the stock its 5th largest holding. RPOA Advisors Inc. owned about 0.62% of BNY Mellon High Yield ETF worth $237,011,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BKHY. Aptus Capital Advisors LLC purchased a new stake in BNY Mellon High Yield ETF during the 3rd quarter worth about $41,000. Fifth Third Securities Inc. purchased a new stake in shares of BNY Mellon High Yield ETF in the 4th quarter valued at about $225,000. Captrust Financial Advisors purchased a new stake in shares of BNY Mellon High Yield ETF in the 2nd quarter valued at about $251,000. Global Assets Advisory LLC purchased a new stake in shares of BNY Mellon High Yield ETF in the 3rd quarter valued at about $272,000. Finally, TFB Advisors LLC lifted its holdings in shares of BNY Mellon High Yield ETF by 19.5% in the 3rd quarter. TFB Advisors LLC now owns 7,381 shares of the company’s stock valued at $356,000 after purchasing an additional 1,207 shares during the last quarter.

BNY Mellon High Yield ETF Price Performance

BNY Mellon High Yield ETF stock opened at $47.51 on Friday. BNY Mellon High Yield ETF has a fifty-two week low of $46.84 and a fifty-two week high of $48.89. The stock has a 50-day simple moving average of $47.47 and a 200-day simple moving average of $47.95.

BNY Mellon High Yield ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2449 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Monday, March 2nd.

About BNY Mellon High Yield 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.