First Horizon Advisors Inc. Has $30,000 Stock Holdings in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

First Horizon Advisors Inc. raised its position in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 62.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 613 shares of the company’s stock after purchasing an additional 235 shares during the period. First Horizon Advisors Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $30,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RPOA Advisors Inc. raised its holdings in shares of BNY Mellon High Yield Beta ETF by 1.0% during the 3rd quarter. RPOA Advisors Inc. now owns 4,612,873 shares of the company’s stock worth $225,339,000 after buying an additional 45,813 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of BNY Mellon High Yield Beta ETF by 36.8% in the second quarter. Bank of New York Mellon Corp now owns 216,274 shares of the company’s stock worth $10,202,000 after acquiring an additional 58,148 shares during the last quarter. Assetmark Inc. boosted its stake in shares of BNY Mellon High Yield Beta ETF by 14.4% in the 3rd quarter. Assetmark Inc. now owns 185,760 shares of the company’s stock valued at $9,074,000 after purchasing an additional 23,353 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of BNY Mellon High Yield Beta ETF by 15.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 164,960 shares of the company’s stock valued at $7,781,000 after purchasing an additional 21,626 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in BNY Mellon High Yield Beta ETF by 18.9% during the 2nd quarter. Cetera Investment Advisers now owns 91,871 shares of the company’s stock worth $4,334,000 after purchasing an additional 14,610 shares in the last quarter.

BNY Mellon High Yield Beta ETF Price Performance

Shares of NYSEARCA:BKHY opened at $48.49 on Tuesday. BNY Mellon High Yield Beta ETF has a one year low of $45.87 and a one year high of $48.99. The firm has a 50 day simple moving average of $48.40 and a 200 day simple moving average of $47.87.

BNY Mellon High Yield Beta ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2948 dividend. The ex-dividend date was Friday, November 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.