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

Bank of New York Mellon Corp grew its holdings in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 16.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,809,994 shares of the company’s stock after buying an additional 404,096 shares during the quarter. Bank of New York Mellon Corp owned 6.62% of BNY Mellon Core Bond ETF worth $115,828,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Securities Inc. increased its position in shares of BNY Mellon Core Bond ETF by 13.1% in the fourth quarter. Principal Securities Inc. now owns 2,326 shares of the company’s stock valued at $96,000 after buying an additional 270 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth approximately $200,000. True Vision MN LLC acquired a new stake in shares of BNY Mellon Core Bond ETF in the fourth quarter worth approximately $254,000. Advisor Resource Council acquired a new stake in shares of BNY Mellon Core Bond ETF in the third quarter worth approximately $266,000. Finally, BIP Wealth LLC acquired a new stake in shares of BNY Mellon Core Bond ETF in the third quarter worth approximately $385,000.

BNY Mellon Core Bond ETF Stock Up 0.5 %

Shares of NYSEARCA:BKAG 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 business’s 50 day moving average price is $41.39 and its 200-day moving average price is $42.06.

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.