Royal Bank of Canada Raises Position in BNY Mellon Core Bond ETF $BKAG

Royal Bank of Canada boosted its stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 172,097.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 471,820 shares of the company’s stock after purchasing an additional 471,546 shares during the period. Royal Bank of Canada’s holdings in BNY Mellon Core Bond ETF were worth $19,911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in shares of BNY Mellon Core Bond ETF by 88.2% in the first quarter. Bank of New York Mellon Corp now owns 5,280,228 shares of the company’s stock worth $222,826,000 after purchasing an additional 2,474,687 shares during the last quarter. Total Investment Management Inc. boosted its position in BNY Mellon Core Bond ETF by 1.4% during the 4th quarter. Total Investment Management Inc. now owns 1,705,087 shares of the company’s stock valued at $72,267,000 after buying an additional 23,655 shares during the period. Tanager Wealth Management LLP boosted its position in BNY Mellon Core Bond ETF by 4.8% during the 4th quarter. Tanager Wealth Management LLP now owns 1,256,294 shares of the company’s stock valued at $53,266,000 after buying an additional 57,127 shares during the period. Aptus Capital Advisors LLC grew its holdings in BNY Mellon Core Bond ETF by 13.2% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,084,875 shares of the company’s stock worth $46,037,000 after acquiring an additional 126,686 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in BNY Mellon Core Bond ETF by 1.2% in the 1st quarter. Brookstone Capital Management now owns 998,424 shares of the company’s stock worth $42,134,000 after acquiring an additional 12,013 shares during the last quarter.

BNY Mellon Core Bond ETF Stock Performance

BKAG stock opened at $41.41 on Thursday. The firm’s 50-day moving average price is $41.70 and its two-hundred day moving average price is $42.07. BNY Mellon Core Bond ETF has a 12-month low of $41.18 and a 12-month high of $43.07.

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.