Heritage Oak Wealth Advisors LLC Sells 81,944 Shares of BNY Mellon High Yield ETF $BKHY

Heritage Oak Wealth Advisors LLC lowered its holdings in BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 89.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,205 shares of the company’s stock after selling 81,944 shares during the period. Heritage Oak Wealth Advisors LLC’s holdings in BNY Mellon High Yield ETF were worth $446,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Aptus Capital Advisors LLC bought a new position in shares of BNY Mellon High Yield ETF in the third quarter worth approximately $41,000. Total Investment Management Inc. bought a new position in shares of BNY Mellon High Yield ETF in the 2nd quarter worth $99,000. Captrust Financial Advisors purchased a new stake in shares of BNY Mellon High Yield ETF during the 2nd quarter valued at $251,000. Global Assets Advisory LLC purchased a new stake in shares of BNY Mellon High Yield ETF during the 3rd quarter valued at $272,000. Finally, TFB Advisors LLC lifted its holdings in shares of BNY Mellon High Yield ETF by 19.5% during the 3rd quarter. TFB Advisors LLC now owns 7,381 shares of the company’s stock worth $356,000 after acquiring an additional 1,207 shares during the last quarter.

BNY Mellon High Yield ETF Trading Up 0.3%

Shares of NYSEARCA:BKHY opened at $47.34 on Tuesday. BNY Mellon High Yield ETF has a 52-week low of $42.33 and a 52-week high of $48.89. The firm has a fifty day moving average of $47.80 and a 200 day moving average of $48.14.

BNY Mellon High Yield ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2449 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Monday, March 2nd.

BNY Mellon High Yield 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.