Assetmark Inc. Purchases 15,204 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Assetmark Inc. raised its holdings in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 8.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 200,964 shares of the company’s stock after acquiring an additional 15,204 shares during the quarter. Assetmark Inc. owned approximately 3.50% of BNY Mellon High Yield Beta ETF worth $9,584,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Advisors Inc. increased its position in shares of 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 last quarter. TFB Advisors LLC acquired a new position in shares of BNY Mellon High Yield Beta ETF during the 3rd quarter worth approximately $245,000. Arkadios Wealth Advisors raised its stake in shares of BNY Mellon High Yield Beta ETF by 12.7% during the 4th quarter. Arkadios Wealth Advisors now owns 5,813 shares of the company’s stock worth $277,000 after purchasing an additional 655 shares in the last quarter. Symphony Financial Ltd. Co. bought a new stake in shares of BNY Mellon High Yield Beta ETF during the 4th quarter worth approximately $315,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of BNY Mellon High Yield Beta ETF by 71.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 6,906 shares of the company’s stock valued at $329,000 after buying an additional 2,879 shares during the last quarter.

BNY Mellon High Yield Beta ETF Stock Performance

Shares of BKHY opened at $48.01 on Friday. The company’s fifty day simple moving average is $48.09 and its 200 day simple moving average is $48.26. BNY Mellon High Yield Beta ETF has a 1-year low of $46.19 and a 1-year high of $48.99.

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.