BNY Mellon Core Bond ETF $BKAG Shares Bought by Lord & Richards Wealth Management LLC

Lord & Richards Wealth Management LLC raised its position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 17.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 212,775 shares of the company’s stock after buying an additional 31,883 shares during the period. BNY Mellon Core Bond ETF comprises 9.4% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Lord & Richards Wealth Management LLC’s holdings in BNY Mellon Core Bond ETF were worth $8,975,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of BKAG. Key Financial Inc bought a new stake in shares of BNY Mellon Core Bond ETF during the second quarter valued at approximately $53,000. BankPlus Trust Department grew its stake in shares of BNY Mellon Core Bond ETF by 17.0% during the first quarter. BankPlus Trust Department now owns 5,686 shares of the company’s stock valued at $240,000 after purchasing an additional 826 shares during the last quarter. Trajan Wealth LLC bought a new stake in shares of BNY Mellon Core Bond ETF during the first quarter valued at approximately $262,000. True Vision MN LLC grew its stake in shares of BNY Mellon Core Bond ETF by 7.3% during the first quarter. True Vision MN LLC now owns 6,584 shares of the company’s stock valued at $277,000 after purchasing an additional 447 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of BNY Mellon Core Bond ETF during the first quarter valued at approximately $295,000.

BNY Mellon Core Bond ETF Price Performance

BKAG opened at $42.51 on Tuesday. BNY Mellon Core Bond ETF has a one year low of $40.74 and a one year high of $43.07. The company’s 50 day simple moving average is $42.63 and its 200-day simple moving average is $42.08.

BNY Mellon Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd will be paid a $0.1487 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.