Stiles Financial Services Inc Takes $1.31 Million Position in BNY Mellon Core Bond ETF $BKAG

Stiles Financial Services Inc bought a new stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 30,916 shares of the company’s stock, valued at approximately $1,310,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp purchased a new position in BNY Mellon Core Bond ETF during the third quarter worth approximately $28,000. Princeton Global Asset Management LLC acquired a new stake in BNY Mellon Core Bond ETF during the fourth quarter worth $35,000. Lantern Wealth Advisors LLC acquired a new stake in shares of BNY Mellon Core Bond ETF in the second quarter valued at $217,000. Fisher Asset Management LLC acquired a new stake in shares of BNY Mellon Core Bond ETF in the third quarter valued at $307,000. Finally, BankPlus Trust Department grew its stake in shares of BNY Mellon Core Bond ETF by 20.1% in the fourth quarter. BankPlus Trust Department now owns 8,040 shares of the company’s stock valued at $341,000 after buying an additional 1,348 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Up 0.3%

Shares of NYSEARCA BKAG opened at $42.06 on Friday. BNY Mellon Core Bond ETF has a twelve month low of $41.12 and a twelve month high of $43.07. The stock has a fifty day simple moving average of $42.24 and a 200-day simple moving average of $42.46.

BNY Mellon Core Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.1379 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.