World Equity Group Inc. Acquires 17,582 Shares of BNY Mellon High Yield ETF $BKHY

World Equity Group Inc. increased its holdings in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 107.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,984 shares of the company’s stock after purchasing an additional 17,582 shares during the quarter. World Equity Group Inc. owned 1.10% of BNY Mellon High Yield ETF worth $1,611,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Assetmark Inc. boosted its position in BNY Mellon High Yield ETF by 1.2% during the first quarter. Assetmark Inc. now owns 220,382 shares of the company’s stock valued at $10,448,000 after buying an additional 2,630 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of BNY Mellon High Yield ETF by 5.7% in the 1st quarter. Bank of New York Mellon Corp now owns 604,705 shares of the company’s stock valued at $28,669,000 after acquiring an additional 32,400 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of BNY Mellon High Yield ETF by 9.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 16,460 shares of the company’s stock valued at $780,000 after acquiring an additional 1,360 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in BNY Mellon High Yield ETF by 6,208.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 11,859 shares of the company’s stock valued at $570,000 after acquiring an additional 11,671 shares during the period. Finally, Royal Bank of Canada grew its position in BNY Mellon High Yield ETF by 475.8% during the 4th quarter. Royal Bank of Canada now owns 9,040 shares of the company’s stock worth $435,000 after acquiring an additional 7,470 shares during the last quarter.

BNY Mellon High Yield ETF Stock Down 0.2%

Shares of BNY Mellon High Yield ETF stock opened at $47.35 on Friday. BNY Mellon High Yield ETF has a one year low of $46.84 and a one year high of $48.89. The business’s 50 day simple moving average is $47.47 and its two-hundred day simple moving average is $47.73.

BNY Mellon High Yield 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.