BNY Mellon Core Bond ETF $BKAG Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 52,343 shares of the company’s stock, valued at approximately $2,097,000.

A number of other hedge funds also recently made changes to their positions in the business. E6 Portfolios LLC boosted its holdings in shares of BNY Mellon Core Bond ETF by 6.1% during the 3rd quarter. E6 Portfolios LLC now owns 36,492 shares of the company’s stock worth $1,462,000 after buying an additional 2,090 shares during the period. Carolina Wealth Advisors LLC boosted its stake in shares of BNY Mellon Core Bond ETF by 6.9% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 328,092 shares of the company’s stock valued at $13,146,000 after purchasing an additional 21,098 shares in the last quarter. Kings Path Partners LLC bought a new stake in shares of BNY Mellon Core Bond ETF during the third quarter worth $31,000. Signal Advisors Wealth LLC grew its holdings in shares of BNY Mellon Core Bond ETF by 7.4% during the third quarter. Signal Advisors Wealth LLC now owns 1,140,641 shares of the company’s stock worth $45,703,000 after purchasing an additional 78,172 shares during the last quarter. Finally, First Heartland Consultants Inc. increased its position in BNY Mellon Core Bond ETF by 0.7% in the 3rd quarter. First Heartland Consultants Inc. now owns 88,747 shares of the company’s stock valued at $3,556,000 after acquiring an additional 646 shares during the period.

BNY Mellon Core Bond ETF Stock Up 0.1%

Shares of BKAG opened at $40.77 on Friday. BNY Mellon Core Bond ETF has a 12 month low of $39.67 and a 12 month high of $43.07. The stock’s 50-day moving average price is $40.58 and its two-hundred day moving average price is $41.66.

BNY Mellon Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.2430 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.92 dividend on an annualized basis and a yield of 7.2%. This is a boost from BNY Mellon Core Bond ETF’s previous monthly dividend of $0.1406.

BNY Mellon Core Bond ETF Company Profile

The BNY Mellon Core Bond ETF (BKAG) is an exchange-traded fund that is based on the Bloomberg US Aggregate Total Return index. The fund tracks a broad index of US investment-grade fixed income securities, including Treasurys, agencies, CMBS, ABS and corporates. BKAG was launched on Apr 24, 2020 and is managed by BNY Mellon.