BNY Mellon High Yield ETF (NYSEARCA:BKHY) Announces Monthly Dividend of $0.26

BNY Mellon High Yield ETF (NYSEARCA:BKHY) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.2569 per share on Friday, September 4th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

BNY Mellon High Yield ETF Stock Up 0.1%

Shares of BNY Mellon High Yield ETF stock traded up $0.03 during trading hours on Wednesday, hitting $47.04. The company’s stock had a trading volume of 13,564 shares, compared to its average volume of 51,940. BNY Mellon High Yield ETF has a 12 month low of $46.84 and a 12 month high of $48.89. The stock has a 50 day moving average of $47.33 and a 200 day moving average of $47.51.

Institutional Trading of BNY Mellon High Yield ETF

A number of large investors have recently bought and sold shares of BKHY. RPOA Advisors Inc. lifted its stake in BNY Mellon High Yield ETF by 5.7% in the fourth quarter. RPOA Advisors Inc. now owns 4,930,541 shares of the company’s stock valued at $237,011,000 after buying an additional 264,798 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of BNY Mellon High Yield ETF by 5.7% during the first quarter. Bank of New York Mellon Corp now owns 604,705 shares of the company’s stock worth $28,669,000 after acquiring an additional 32,400 shares in the last quarter. Assetmark Inc. raised its holdings in shares of BNY Mellon High Yield ETF by 1.2% during the first quarter. Assetmark Inc. now owns 220,382 shares of the company’s stock worth $10,448,000 after acquiring an additional 2,630 shares during the period. JPMorgan Chase & Co. lifted its position in BNY Mellon High Yield ETF by 68.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 99,034 shares of the company’s stock valued at $4,782,000 after acquiring an additional 40,297 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in BNY Mellon High Yield ETF in the 2nd quarter valued at $4,542,000.

About BNY Mellon High Yield ETF

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.