World Equity Group Inc. Sells 8,371 Shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY)

World Equity Group Inc. lessened its stake in shares of BNY Mellon High Yield ETF (NYSEARCA:BKHY) by 21.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,774 shares of the company’s stock after selling 8,371 shares during the quarter. World Equity Group Inc. owned 0.40% of BNY Mellon High Yield ETF worth $1,418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BKHY. Bank of New York Mellon Corp lifted its position in shares of BNY Mellon High Yield ETF by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 427,650 shares of the company’s stock worth $20,395,000 after buying an additional 4,667 shares during the period. Heritage Oak Wealth Advisors LLC bought a new position in shares of BNY Mellon High Yield ETF during the 4th quarter worth approximately $2,332,000. Assetmark Inc. lifted its position in shares of BNY Mellon High Yield ETF by 8.2% during the 4th quarter. Assetmark Inc. now owns 200,964 shares of the company’s stock worth $9,584,000 after buying an additional 15,204 shares during the period. Atria Investments Inc lifted its position in shares of BNY Mellon High Yield ETF by 25.8% during the 4th quarter. Atria Investments Inc now owns 8,104 shares of the company’s stock worth $386,000 after buying an additional 1,662 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of BNY Mellon High Yield ETF during the 4th quarter worth approximately $507,000.

BNY Mellon High Yield ETF Stock Performance

BNY Mellon High Yield ETF stock opened at $47.82 on Friday. The business has a 50 day simple moving average of $47.37 and a 200 day simple moving average of $47.69. BNY Mellon High Yield ETF has a one year low of $42.33 and a one year high of $48.99.

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.