Fulcrum Equity Management Purchases Shares of 29,866 BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

Fulcrum Equity Management bought a new position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 29,866 shares of the company’s stock, valued at approximately $1,388,000. BNY Mellon High Yield Beta ETF accounts for 1.6% of Fulcrum Equity Management’s investment portfolio, making the stock its 18th biggest position. Fulcrum Equity Management owned about 0.45% of BNY Mellon High Yield Beta ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Total Investment Management Inc. bought a new position in shares of BNY Mellon High Yield Beta ETF in the 1st quarter worth $26,670,000. Jane Street Group LLC boosted its stake in shares of BNY Mellon High Yield Beta ETF by 172.0% in the fourth quarter. Jane Street Group LLC now owns 172,214 shares of the company’s stock worth $7,930,000 after buying an additional 108,909 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of BNY Mellon High Yield Beta ETF by 81.5% in the first quarter. Bank of New York Mellon Corp now owns 212,141 shares of the company’s stock worth $10,049,000 after buying an additional 95,233 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in BNY Mellon High Yield Beta ETF in the 4th quarter worth about $3,474,000. Finally, Bank of America Corp DE raised its holdings in BNY Mellon High Yield Beta ETF by 3,740.5% in the 1st quarter. Bank of America Corp DE now owns 42,706 shares of the company’s stock worth $2,023,000 after purchasing an additional 41,594 shares during the period.

BNY Mellon High Yield Beta ETF Trading Up 0.1 %

Shares of BNY Mellon High Yield Beta ETF stock opened at $46.21 on Friday. The business’s 50 day moving average price is $46.22 and its 200 day moving average price is $46.35. BNY Mellon High Yield Beta ETF has a one year low of $44.16 and a one year high of $48.73.

BNY Mellon High Yield Beta ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, July 10th. Shareholders of record on Wednesday, July 5th were paid a dividend of $0.2762 per share. The ex-dividend date was Monday, July 3rd.

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.