Bank of New York Mellon Corp Boosts Stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

Bank of New York Mellon Corp lifted its holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 16.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,809,994 shares of the company’s stock after purchasing an additional 404,096 shares during the quarter. Bank of New York Mellon Corp owned about 0.07% of BNY Mellon Core Bond ETF worth $115,828,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Advisor Resource Council acquired a new position in BNY Mellon Core Bond ETF during the third quarter worth $266,000. Total Investment Management Inc. raised its holdings in BNY Mellon Core Bond ETF by 2.3% during the third quarter. Total Investment Management Inc. now owns 1,531,517 shares of the company’s stock worth $66,085,000 after purchasing an additional 34,729 shares during the last quarter. BIP Wealth LLC acquired a new position in BNY Mellon Core Bond ETF during the third quarter worth $385,000. Second Half Financial Partners LLC acquired a new position in BNY Mellon Core Bond ETF during the third quarter worth $650,000. Finally, GM Advisory Group LLC raised its holdings in BNY Mellon Core Bond ETF by 148.0% during the third quarter. GM Advisory Group LLC now owns 326,600 shares of the company’s stock worth $14,093,000 after purchasing an additional 194,921 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Up 0.5 %

Shares of BKAG stock opened at $42.27 on Friday. BNY Mellon Core Bond ETF has a 1 year low of $40.53 and a 1 year high of $43.51. The stock has a fifty day moving average price of $41.39 and a 200 day moving average price of $42.06.

BNY Mellon Core Bond ETF 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.