BIP Wealth LLC Makes New $385,000 Investment in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

BIP Wealth LLC acquired a new stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) in the third quarter, HoldingsChannel reports. The firm acquired 8,928 shares of the company’s stock, valued at approximately $385,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Osaic Holdings Inc. increased its stake in BNY Mellon Core Bond ETF by 142.3% in the first quarter. Osaic Holdings Inc. now owns 241,990 shares of the company’s stock valued at $10,132,000 after purchasing an additional 142,124 shares during the last quarter. Advisory Resource Group increased its stake in shares of BNY Mellon Core Bond ETF by 1.6% during the 1st quarter. Advisory Resource Group now owns 210,747 shares of the company’s stock valued at $8,824,000 after acquiring an additional 3,413 shares during the last quarter. Second Line Capital LLC lifted its holdings in shares of BNY Mellon Core Bond ETF by 10.8% during the 1st quarter. Second Line Capital LLC now owns 78,867 shares of the company’s stock worth $3,302,000 after acquiring an additional 7,671 shares during the period. RPOA Advisors Inc. boosted its position in shares of BNY Mellon Core Bond ETF by 3.8% in the second quarter. RPOA Advisors Inc. now owns 26,812,446 shares of the company’s stock worth $1,110,571,000 after acquiring an additional 971,067 shares during the last quarter. Finally, Fifth Third Securities Inc. increased its position in BNY Mellon Core Bond ETF by 168.1% during the second quarter. Fifth Third Securities Inc. now owns 16,782 shares of the company’s stock worth $695,000 after purchasing an additional 10,523 shares during the last quarter.

BNY Mellon Core Bond ETF Trading Up 0.2 %

Shares of BKAG opened at $41.69 on Wednesday. BNY Mellon Core Bond ETF has a fifty-two week low of $40.53 and a fifty-two week high of $43.51. The company’s fifty day moving average is $42.46 and its two-hundred day moving average is $42.11.

BNY Mellon Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1477 per share. The ex-dividend date of this dividend was Friday, November 1st.

About BNY Mellon Core Bond ETF

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.