New Century Financial Group LLC Buys New Stake in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

New Century Financial Group LLC bought a new stake in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,501 shares of the company’s stock, valued at approximately $855,000.

A number of other large investors also recently added to or reduced their stakes in BKHY. Concurrent Investment Advisors LLC purchased a new stake in shares of BNY Mellon High Yield Beta ETF in the 2nd quarter valued at $213,000. Geneos Wealth Management Inc. boosted its stake in shares of BNY Mellon High Yield Beta ETF by 180.6% in the first quarter. Geneos Wealth Management Inc. now owns 4,560 shares of the company’s stock valued at $217,000 after purchasing an additional 2,935 shares during the period. Elevated Capital Advisors LLC purchased a new stake in BNY Mellon High Yield Beta ETF during the 1st quarter worth approximately $227,000. World Equity Group Inc. acquired a new stake in BNY Mellon High Yield Beta ETF during the 2nd quarter worth approximately $226,000. Finally, Sunbelt Securities Inc. boosted its position in BNY Mellon High Yield Beta ETF by 21.4% in 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 during the period.

BNY Mellon High Yield Beta ETF Stock Up 0.2 %

BNY Mellon High Yield Beta ETF stock opened at $48.50 on Friday. BNY Mellon High Yield Beta ETF has a twelve month low of $44.04 and a twelve month high of $48.99. The stock’s fifty day simple moving average is $48.36 and its 200-day simple moving average is $47.61.

BNY Mellon High Yield Beta ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a dividend of $0.3081 per share. This is an increase from BNY Mellon High Yield Beta ETF’s previous dividend of $0.27. The ex-dividend date was Thursday, August 1st.

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.