World Equity Group Inc. Purchases 33,739 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

World Equity Group Inc. increased its position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 765.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,145 shares of the company’s stock after acquiring an additional 33,739 shares during the quarter. World Equity Group Inc. owned about 0.66% of BNY Mellon High Yield Beta ETF worth $1,819,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Arkadios Wealth Advisors bought a new stake in BNY Mellon High Yield Beta ETF in the third quarter valued at about $252,000. ShoreHaven Wealth Partners LLC increased its stake in BNY Mellon High Yield Beta ETF by 250.0% in the third quarter. ShoreHaven Wealth Partners LLC now owns 54,095 shares of the company’s stock valued at $2,643,000 after acquiring an additional 38,641 shares during the period. TFB Advisors LLC bought a new stake in BNY Mellon High Yield Beta ETF in the third quarter valued at about $245,000. Assetmark Inc. increased its stake in BNY Mellon High Yield Beta ETF by 14.4% in the third quarter. Assetmark Inc. now owns 185,760 shares of the company’s stock valued at $9,074,000 after acquiring an additional 23,353 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in BNY Mellon High Yield Beta ETF by 62.2% in the third quarter. First Horizon Advisors Inc. now owns 613 shares of the company’s stock valued at $30,000 after acquiring an additional 235 shares during the period.

BNY Mellon High Yield Beta ETF Stock Performance

NYSEARCA:BKHY opened at $48.23 on Friday. BNY Mellon High Yield Beta ETF has a 12 month low of $46.19 and a 12 month high of $48.99. The company’s 50-day moving average price is $48.05 and its two-hundred day moving average price is $48.23.

BNY Mellon High Yield Beta 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.