RPOA Advisors Inc. Sells 4,924,209 Shares of BNY Mellon High Yield ETF $BKHY

RPOA Advisors Inc. reduced its position in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 99.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,332 shares of the company’s stock after selling 4,924,209 shares during the period. BNY Mellon High Yield ETF comprises approximately 0.0% of RPOA Advisors Inc.’s portfolio, making the stock its 6th largest position. RPOA Advisors Inc. owned approximately 0.20% of BNY Mellon High Yield ETF worth $300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in BNY Mellon High Yield ETF in the second quarter valued at approximately $4,542,000. JPMorgan Chase & Co. grew its position in shares of BNY Mellon High Yield ETF by 68.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 99,034 shares of the company’s stock valued at $4,782,000 after buying an additional 40,297 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of BNY Mellon High Yield ETF by 5.1% in the 4th quarter. Bank of New York Mellon Corp now owns 572,305 shares of the company’s stock valued at $27,511,000 after buying an additional 27,650 shares during the last quarter. Raymond James Financial Inc. raised its stake in BNY Mellon High Yield ETF by 303.7% during the 2nd quarter. Raymond James Financial Inc. now owns 35,612 shares of the company’s stock worth $1,720,000 after acquiring an additional 26,791 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in BNY Mellon High Yield ETF by 1,273.5% during the 2nd quarter. Osaic Holdings Inc. now owns 20,726 shares of the company’s stock worth $988,000 after acquiring an additional 19,217 shares in the last quarter.

BNY Mellon High Yield ETF Price Performance

Shares of BKHY opened at $47.47 on Wednesday. BNY Mellon High Yield ETF has a 1-year low of $46.84 and a 1-year high of $48.89. The firm has a fifty day moving average price of $47.57 and a 200 day moving average price of $47.84.

BNY Mellon High Yield ETF Company 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.